https://www.taxtmi.com/caselaws?id=88603 Lubricating oil used continuously in the rolling process for manufacturing brass strips and foils was treated as an input used in relation to manufacture under Rule 57A of the Central Excise Rules, 1944. Applying the Larger Bench principle, the oil was found to have a direct nexus with manufacture because it prevented defects in the brass sheets during production, rather than merely improving machinery performance. On that basis, Modvat credit was held admissible on the lubricating oil, and the appeal was rejected. en-us Tue, 24 Mar 1998 00:00:00 +0530 Mon, 19 Sep 2011 18:32:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88603 Lubricating oil used continuously in the rolling process for manufacturing brass strips and foils was treated as an input used in relation to manufacture under Rule 57A of the Central Excise Rules, 1944. Applying the Larger Bench principle, the oil was found to have a direct nexus with manufacture because it prevented defects in the brass sheets during production, rather than merely improving machinery performance. On that basis, Modvat credit was held admissible on the lubricating oil, and the appeal was rejected. Case-Laws Central Excise Tue, 24 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88603