https://www.taxtmi.com/caselaws?id=87786 Modvat credit was available on nickel catalyst used in soap manufacture even though the catalyst did not remain in the finished product. The scheme allowed credit on inputs used in or in relation to manufacture, and did not require physical incorporation into the final product. Because the catalyst accelerated the chemical reaction and formed part of the manufacturing process, it was treated as an admissible input. The denial of credit on the ground that the catalyst was neither a constituent of the final product nor a direct raw material was therefore unsustainable. en-us Tue, 15 Jul 1997 00:00:00 +0530 Sat, 10 Sep 2011 13:17:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87786 Modvat credit was available on nickel catalyst used in soap manufacture even though the catalyst did not remain in the finished product. The scheme allowed credit on inputs used in or in relation to manufacture, and did not require physical incorporation into the final product. Because the catalyst accelerated the chemical reaction and formed part of the manufacturing process, it was treated as an admissible input. The denial of credit on the ground that the catalyst was neither a constituent of the final product nor a direct raw material was therefore unsustainable. Case-Laws Central Excise Tue, 15 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87786