https://www.taxtmi.com/caselaws?id=85376 The Tribunal ruled in favor of the Respondents, allowing Modvat credit for Aluminium Oxide used in the manufacturing process of piston rings and cylinder liners. It held that even if the input does not retain its identity in the final product, if it is essential for the manufacturing process, it qualifies as a raw material. The Tribunal emphasized that inputs necessary for making the final product marketable are admissible for Modvat credit, citing relevant precedents. As Aluminium Oxide played a crucial role in the manufacturing process by removing impurities, it was deemed admissible for Modvat credit. en-us Thu, 04 Jul 1996 00:00:00 +0530 Thu, 04 Aug 2011 16:14:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85376 The Tribunal ruled in favor of the Respondents, allowing Modvat credit for Aluminium Oxide used in the manufacturing process of piston rings and cylinder liners. It held that even if the input does not retain its identity in the final product, if it is essential for the manufacturing process, it qualifies as a raw material. The Tribunal emphasized that inputs necessary for making the final product marketable are admissible for Modvat credit, citing relevant precedents. As Aluminium Oxide played a crucial role in the manufacturing process by removing impurities, it was deemed admissible for Modvat credit. Case-Laws Central Excise Thu, 04 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85376