https://www.taxtmi.com/caselaws?id=114544 The Tribunal allowed the appeal, setting aside the denial of Modvat credit on bright steel bars and LDPE granules. It held that both items were essential to the manufacturing process, making them eligible for input credit. The denial based on consumption during annealing and a delay in return of converted goods was deemed unjustified. en-us Wed, 13 Oct 2004 00:00:00 +0530 Wed, 16 May 2012 15:30:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114544 The Tribunal allowed the appeal, setting aside the denial of Modvat credit on bright steel bars and LDPE granules. It held that both items were essential to the manufacturing process, making them eligible for input credit. The denial based on consumption during annealing and a delay in return of converted goods was deemed unjustified. Case-Laws Central Excise Wed, 13 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114544