https://www.taxtmi.com/caselaws?id=96466 Modvat credit depended on the actual use of each item in the factory and whether it qualified as capital goods or inputs under the relevant rules. Welding electrodes, ion-exchange chemicals, packing sheets, boiler descaling agents and white oil were accepted as used in relation to manufacture or maintenance of plant and machinery, so credit was sustained on those items. V. Belts were treated differently because the assessee failed to produce duty-paying documents before the departmental authorities, and credit on that item was therefore disallowed. en-us Thu, 09 Aug 2001 00:00:00 +0530 Wed, 21 Dec 2011 18:35:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96466 Modvat credit depended on the actual use of each item in the factory and whether it qualified as capital goods or inputs under the relevant rules. Welding electrodes, ion-exchange chemicals, packing sheets, boiler descaling agents and white oil were accepted as used in relation to manufacture or maintenance of plant and machinery, so credit was sustained on those items. V. Belts were treated differently because the assessee failed to produce duty-paying documents before the departmental authorities, and credit on that item was therefore disallowed. Case-Laws Central Excise Thu, 09 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96466