https://www.taxtmi.com/caselaws?id=92098 Molybdenum wire was treated as an eligible input for Modvat credit under Rule 57A because later co-ordinate bench decisions had already held that it is neither a tool nor an appliance. The reasoning in Jai Electric Limited, Kalpana Lamp and Components Limited, and ECE Industries was followed over the earlier contrary view in Apar Limited, since the present facts were identical and the later Tribunal view prevailed on the same product classification issue. On that basis, Modvat credit was held admissible and the appeals were rejected. en-us Tue, 06 Apr 1999 00:00:00 +0530 Mon, 24 Oct 2011 15:49:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92098 Molybdenum wire was treated as an eligible input for Modvat credit under Rule 57A because later co-ordinate bench decisions had already held that it is neither a tool nor an appliance. The reasoning in Jai Electric Limited, Kalpana Lamp and Components Limited, and ECE Industries was followed over the earlier contrary view in Apar Limited, since the present facts were identical and the later Tribunal view prevailed on the same product classification issue. On that basis, Modvat credit was held admissible and the appeals were rejected. Case-Laws Central Excise Tue, 06 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92098