https://www.taxtmi.com/caselaws?id=89913 Modvat credit was held admissible on clock assemblies, audio systems, radio sets and speaker sets used in the manufacture of deluxe model motor cars. The items were treated as integral and essential to making the deluxe model commercially viable and marketable, and the fact that the vehicle could function without them was not decisive. The contrary precedent was distinguished on facts, while authorities allowing credit for inputs forming an integral part of the marketed product were followed. The Revenue's challenge therefore failed. en-us Tue, 27 Oct 1998 00:00:00 +0530 Fri, 30 Sep 2011 15:08:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89913 Modvat credit was held admissible on clock assemblies, audio systems, radio sets and speaker sets used in the manufacture of deluxe model motor cars. The items were treated as integral and essential to making the deluxe model commercially viable and marketable, and the fact that the vehicle could function without them was not decisive. The contrary precedent was distinguished on facts, while authorities allowing credit for inputs forming an integral part of the marketed product were followed. The Revenue's challenge therefore failed. Case-Laws Central Excise Tue, 27 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89913