https://www.taxtmi.com/caselaws?id=95806 Modvat credit was held admissible on coolants used in turning and grinding operations because Rule 57A covers inputs used directly or indirectly in or in relation to manufacture. The analysis treated the coolants as connected with the manufacturing process, since they maintained machinery during production and were essential for smooth manufacture of finished goods. On that basis, the goods fell within the Modvat scheme, and the Revenue's appeal was rejected. en-us Fri, 16 Feb 2001 00:00:00 +0530 Thu, 15 Dec 2011 11:24:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95806 Modvat credit was held admissible on coolants used in turning and grinding operations because Rule 57A covers inputs used directly or indirectly in or in relation to manufacture. The analysis treated the coolants as connected with the manufacturing process, since they maintained machinery during production and were essential for smooth manufacture of finished goods. On that basis, the goods fell within the Modvat scheme, and the Revenue's appeal was rejected. Case-Laws Central Excise Fri, 16 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95806