https://www.taxtmi.com/caselaws?id=85537 Hot tops used in steel ingot manufacture were treated as eligible Modvat inputs under Rule 57A because they were chemical products placed on the mould and burnt up in the process, rather than machines, machinery, plant, equipment, apparatus, tools or appliances. The Tribunal held that the exclusion must be read by reference to the genus of such items, and that materials which function in the manufacturing process without answering that description are not excluded. Modvat credit was therefore admissible, and the assessee succeeded on eligibility. en-us Fri, 19 Jul 1996 00:00:00 +0530 Fri, 05 Aug 2011 16:49:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85537 Hot tops used in steel ingot manufacture were treated as eligible Modvat inputs under Rule 57A because they were chemical products placed on the mould and burnt up in the process, rather than machines, machinery, plant, equipment, apparatus, tools or appliances. The Tribunal held that the exclusion must be read by reference to the genus of such items, and that materials which function in the manufacturing process without answering that description are not excluded. Modvat credit was therefore admissible, and the assessee succeeded on eligibility. Case-Laws Central Excise Fri, 19 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85537