https://www.taxtmi.com/caselaws?id=85643 Printing ink used to test printing machines before delivery was treated as an input for Modvat credit because the machines had to be tested to ensure proper functioning before customer acceptance, and materials used to make finished goods marketable can qualify as inputs under the Central Excise Rules. On that basis, the demand and penalty were not sustained. The limitation objection regarding the earlier period was not examined in view of this conclusion. en-us Tue, 21 May 1996 00:00:00 +0530 Sat, 06 Aug 2011 13:16:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85643 Printing ink used to test printing machines before delivery was treated as an input for Modvat credit because the machines had to be tested to ensure proper functioning before customer acceptance, and materials used to make finished goods marketable can qualify as inputs under the Central Excise Rules. On that basis, the demand and penalty were not sustained. The limitation objection regarding the earlier period was not examined in view of this conclusion. Case-Laws Central Excise Tue, 21 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85643