https://www.taxtmi.com/caselaws?id=90771 Modvat credit on welding electrodes used to fabricate a recausticising plant within the factory was admissible under Rule 57D(2) read with Rule 57A. The inputs were used in making plant that was itself employed in manufacturing the final products, so credit could not be denied merely because the electrodes were not used directly in the finished goods. A narrow construction that excluded such inputs would make Rule 57D(2) ineffective. The rule treats inputs used in the manufacture of capital goods or intermediate goods on the same footing where those goods are further used in producing the final product, and the Revenue's challenge failed. en-us Mon, 20 Jul 1998 00:00:00 +0530 Tue, 11 Oct 2011 13:35:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90771 Modvat credit on welding electrodes used to fabricate a recausticising plant within the factory was admissible under Rule 57D(2) read with Rule 57A. The inputs were used in making plant that was itself employed in manufacturing the final products, so credit could not be denied merely because the electrodes were not used directly in the finished goods. A narrow construction that excluded such inputs would make Rule 57D(2) ineffective. The rule treats inputs used in the manufacture of capital goods or intermediate goods on the same footing where those goods are further used in producing the final product, and the Revenue's challenge failed. Case-Laws Central Excise Mon, 20 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90771