https://www.taxtmi.com/caselaws?id=89555 Modvat credit was held admissible on dandy covers, dryer felt, press felt, industrial cloth and synthetic cloth used on a paper machine because Rule 57A does not exclude every item that functions as a machine part. The Tribunal applied earlier and Larger Bench authority treating felt, wire mesh and similar items used in paper manufacture as inputs rather than excluded machinery parts. As the disputed goods were of the same character, they qualified for credit and the Revenue's objection failed. en-us Fri, 03 Jul 1998 00:00:00 +0530 Wed, 28 Sep 2011 10:53:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89555 Modvat credit was held admissible on dandy covers, dryer felt, press felt, industrial cloth and synthetic cloth used on a paper machine because Rule 57A does not exclude every item that functions as a machine part. The Tribunal applied earlier and Larger Bench authority treating felt, wire mesh and similar items used in paper manufacture as inputs rather than excluded machinery parts. As the disputed goods were of the same character, they qualified for credit and the Revenue's objection failed. Case-Laws Central Excise Fri, 03 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89555