https://www.taxtmi.com/caselaws?id=90230 Modvat credit under Rule 57A was allowed for items used in or in relation to manufacture of steel billets, including refractories and other refractory-related consumables, because such materials were not hit by the exclusion clause and parts of machinery were not treated as barred merely on that basis. The Tribunal examined the disputed items individually and distinguished the contrary view on machinery parts by relying on the Larger Bench approach. Credit was, however, denied for specifically identified items, including Copper Moulds, Molasses, Acco Sets, Porous Plug and Cast Iron Slag Pot, which were found ineligible. en-us Fri, 04 Dec 1998 00:00:00 +0530 Tue, 04 Oct 2011 15:08:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90230 Modvat credit under Rule 57A was allowed for items used in or in relation to manufacture of steel billets, including refractories and other refractory-related consumables, because such materials were not hit by the exclusion clause and parts of machinery were not treated as barred merely on that basis. The Tribunal examined the disputed items individually and distinguished the contrary view on machinery parts by relying on the Larger Bench approach. Credit was, however, denied for specifically identified items, including Copper Moulds, Molasses, Acco Sets, Porous Plug and Cast Iron Slag Pot, which were found ineligible. Case-Laws Central Excise Fri, 04 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90230