https://www.taxtmi.com/caselaws?id=88575 Duty-paid coated abrasive paper was held eligible for Modvat credit under Rule 57A because it was not established as a tool in commercial parlance and did not fall within the statutory exclusion for tools. Classification under Heading 68, rather than Chapter 82, supported the conclusion, and mere use in the manufacturing process or as part of machinery did not by itself justify denial of credit. The Tribunal therefore treated the Revenue's objection as unsustainable and upheld the grant of Modvat credit. en-us Tue, 10 Mar 1998 00:00:00 +0530 Mon, 19 Sep 2011 17:15:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88575 Duty-paid coated abrasive paper was held eligible for Modvat credit under Rule 57A because it was not established as a tool in commercial parlance and did not fall within the statutory exclusion for tools. Classification under Heading 68, rather than Chapter 82, supported the conclusion, and mere use in the manufacturing process or as part of machinery did not by itself justify denial of credit. The Tribunal therefore treated the Revenue's objection as unsustainable and upheld the grant of Modvat credit. Case-Laws Central Excise Tue, 10 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88575