https://www.taxtmi.com/caselaws?id=92337 Coated abrasive paper used to smoothen or polish plywood qualifies as an input for Modvat credit under Rule 57A of the Central Excise Rules, 1944. It is not a tool because it does not shape the plywood and is not commercially known as a tool. Its use is directly related to manufacture because marketable polished plywood cannot be produced without it. Accordingly, coated abrasive paper is not excluded from the definition of input and is eligible for Modvat credit. 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 used to smoothen or polish plywood qualifies as an input for Modvat credit under Rule 57A of the Central Excise Rules, 1944. It is not a tool because it does not shape the plywood and is not commercially known as a tool. Its use is directly related to manufacture because marketable polished plywood cannot be produced without it. Accordingly, coated abrasive paper is not excluded from the definition of input and is eligible for Modvat credit. Case-Laws Central Excise Fri, 11 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92337