https://www.taxtmi.com/caselaws?id=105398 Modvat credit under Rule 57A was admissible on lubricating oil and greases because their eligibility as inputs had already been settled by Larger Bench precedent, and that settled position was followed. Credit on welding electrodes used only for maintenance of plant and machinery was inadmissible because items employed merely for maintenance do not qualify as inputs under a broad reading of "use in" Rule 57A, and binding Tribunal precedent was followed. The result was mixed: credit was allowed for lubricating oil and greases but disallowed for welding electrodes. en-us Wed, 24 Oct 2001 00:00:00 +0530 Mon, 05 Mar 2012 15:52:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105398 Modvat credit under Rule 57A was admissible on lubricating oil and greases because their eligibility as inputs had already been settled by Larger Bench precedent, and that settled position was followed. Credit on welding electrodes used only for maintenance of plant and machinery was inadmissible because items employed merely for maintenance do not qualify as inputs under a broad reading of "use in" Rule 57A, and binding Tribunal precedent was followed. The result was mixed: credit was allowed for lubricating oil and greases but disallowed for welding electrodes. Case-Laws Central Excise Wed, 24 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105398