https://www.taxtmi.com/caselaws?id=92698 Rubber sheet gaskets cut to size and used for maintenance of plant and machinery directly involved in manufacture were held eligible for Modvat credit under Rule 57Q of the Central Excise Rules, 1944. The item was received as gasket material and, after being cut to the required size, was used to seal joints in plant used for manufacturing caustic soda. Functional use in maintaining manufacturing equipment brought the goods within the rule, following the same principle applied to material used after cutting for plant purposes. The disallowance was set aside in favour of the assessee. en-us Fri, 09 Jul 1999 00:00:00 +0530 Fri, 04 Nov 2011 14:36:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92698 Rubber sheet gaskets cut to size and used for maintenance of plant and machinery directly involved in manufacture were held eligible for Modvat credit under Rule 57Q of the Central Excise Rules, 1944. The item was received as gasket material and, after being cut to the required size, was used to seal joints in plant used for manufacturing caustic soda. Functional use in maintaining manufacturing equipment brought the goods within the rule, following the same principle applied to material used after cutting for plant purposes. The disallowance was set aside in favour of the assessee. Case-Laws Central Excise Fri, 09 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92698