https://www.taxtmi.com/caselaws?id=99718 Chemicals, including catalysts, and resins used in preparing sand moulds for manufacture of steel castings qualify as inputs for Modvat credit, particularly where the sand moulds themselves are not goods. The Tribunal relied on the view that resins were covered by the Larger Bench ruling on chemicals and resins used in sand moulds, and treated catalysts as chemical inputs for the same purpose. On that basis, Modvat credit on catalysts and resins was held admissible, and the disallowance was set aside. en-us Tue, 07 Mar 2000 00:00:00 +0530 Sat, 28 Jan 2012 13:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99718 Chemicals, including catalysts, and resins used in preparing sand moulds for manufacture of steel castings qualify as inputs for Modvat credit, particularly where the sand moulds themselves are not goods. The Tribunal relied on the view that resins were covered by the Larger Bench ruling on chemicals and resins used in sand moulds, and treated catalysts as chemical inputs for the same purpose. On that basis, Modvat credit on catalysts and resins was held admissible, and the disallowance was set aside. Case-Laws Central Excise Tue, 07 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99718