https://www.taxtmi.com/caselaws?id=91129 Aluminium sheets used in plywood manufacture were treated as eligible inputs for Modvat credit because Rule 57A's exclusion clause was held to cover plant and machinery, not their parts. The Tribunal applied its earlier decision in the same assessee's case as binding, and distinguished Revenue's authorities on steel sheets and surface plates as dealing with classification rather than Modvat admissibility. On that reasoning, the exclusion provision did not bar credit on the present facts, and the assessee's entitlement to Modvat credit was upheld. en-us Mon, 02 Feb 1998 00:00:00 +0530 Fri, 14 Oct 2011 10:32:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91129 Aluminium sheets used in plywood manufacture were treated as eligible inputs for Modvat credit because Rule 57A's exclusion clause was held to cover plant and machinery, not their parts. The Tribunal applied its earlier decision in the same assessee's case as binding, and distinguished Revenue's authorities on steel sheets and surface plates as dealing with classification rather than Modvat admissibility. On that reasoning, the exclusion provision did not bar credit on the present facts, and the assessee's entitlement to Modvat credit was upheld. Case-Laws Central Excise Mon, 02 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91129