https://www.taxtmi.com/caselaws?id=108127 Lubricating oil and grease used on machinery were treated as inputs for Modvat credit under Rule 57A because items applied in the manufacturing process can qualify when they have a direct functional nexus with manufacture, even if they are not ingredients of the final product. Grease was regarded as performing the same function as lubricating oil by reducing friction and maintaining production quality. A solitary contrary order was not treated as sufficient to depart from the settled view, and the denial of Modvat credit was set aside in favour of the assessee. en-us Tue, 23 Feb 1999 00:00:00 +0530 Fri, 30 Mar 2012 12:00:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108127 Lubricating oil and grease used on machinery were treated as inputs for Modvat credit under Rule 57A because items applied in the manufacturing process can qualify when they have a direct functional nexus with manufacture, even if they are not ingredients of the final product. Grease was regarded as performing the same function as lubricating oil by reducing friction and maintaining production quality. A solitary contrary order was not treated as sufficient to depart from the settled view, and the denial of Modvat credit was set aside in favour of the assessee. Case-Laws Central Excise Tue, 23 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108127