https://www.taxtmi.com/caselaws?id=92337 Coated abrasive paper was treated as an input used in relation to the manufacture of marketable plywood because polished plywood would not come into existence without it. It was not regarded as a tool, since it merely smoothened or polished the plywood and did not shape it, and it was not known in the market as a tool. Following the prior Division Bench view, the article concluded that coated abrasive paper qualified for Modvat credit under Rule 57A and was not excluded from the scope of eligible inputs. en-us Fri, 11 Apr 1997 00:00:00 +0530 Mon, 31 Oct 2011 18:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92337 Coated abrasive paper was treated as an input used in relation to the manufacture of marketable plywood because polished plywood would not come into existence without it. It was not regarded as a tool, since it merely smoothened or polished the plywood and did not shape it, and it was not known in the market as a tool. Following the prior Division Bench view, the article concluded that coated abrasive paper qualified for Modvat credit under Rule 57A and was not excluded from the scope of eligible inputs. Case-Laws Central Excise Fri, 11 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92337