https://www.taxtmi.com/caselaws?id=85127 Polyester film used in manufacturing conveyor belts was treated as an eligible input for Modvat credit because it was partly consumed in the process, lost its identity, and functioned only to prevent sticking and produce a smooth surface. Applying the test for admissible inputs, the material was held not to fall within the excluded categories of machines, plant, equipment, apparatus, tools or appliances, and credit was therefore admissible. en-us Wed, 01 Jun 1994 00:00:00 +0530 Tue, 02 Aug 2011 18:17:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85127 Polyester film used in manufacturing conveyor belts was treated as an eligible input for Modvat credit because it was partly consumed in the process, lost its identity, and functioned only to prevent sticking and produce a smooth surface. Applying the test for admissible inputs, the material was held not to fall within the excluded categories of machines, plant, equipment, apparatus, tools or appliances, and credit was therefore admissible. Case-Laws Central Excise Wed, 01 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85127