https://www.taxtmi.com/caselaws?id=114157 Modvat credit was held admissible on disputed consumables used in aluminium manufacture. For items other than Aquagraph 77, the earlier decision in the appellants' own matter was followed, and credit was allowed. Aquagraph 77, a water-based colloidal graphite sprayed on castor rolls to prevent sticking and aid casting, was treated as an essential consumable used in relation to manufacture, not as an appliance, device, or part of machinery excluded by the explanation to Rule 57A. The orders denying credit were set aside and the appeals were allowed with consequential relief. en-us Wed, 29 Jan 1997 00:00:00 +0530 Fri, 11 May 2012 17:27:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114157 Modvat credit was held admissible on disputed consumables used in aluminium manufacture. For items other than Aquagraph 77, the earlier decision in the appellants' own matter was followed, and credit was allowed. Aquagraph 77, a water-based colloidal graphite sprayed on castor rolls to prevent sticking and aid casting, was treated as an essential consumable used in relation to manufacture, not as an appliance, device, or part of machinery excluded by the explanation to Rule 57A. The orders denying credit were set aside and the appeals were allowed with consequential relief. Case-Laws Central Excise Wed, 29 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114157