https://www.taxtmi.com/caselaws?id=114639 Modvat credit under Rule 57Q was denied on several disputed items because each lacked a direct and functional nexus with manufacture. Goods used in off-factory limestone mines were ineligible under binding precedent, Molykote used only for fixing O-rings in gensets had no continuing manufacturing role, and racks and doors used merely for storage of computer hardware and cables were not integral to production. The grease pump disallowance was accepted by the assessee, and no proof was produced that the hydraulic pump used in poclain excavator shovels was integral to manufacture. Credit on all disputed items was therefore disallowed. en-us Fri, 15 Oct 2004 00:00:00 +0530 Fri, 18 May 2012 15:58:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114639 Modvat credit under Rule 57Q was denied on several disputed items because each lacked a direct and functional nexus with manufacture. Goods used in off-factory limestone mines were ineligible under binding precedent, Molykote used only for fixing O-rings in gensets had no continuing manufacturing role, and racks and doors used merely for storage of computer hardware and cables were not integral to production. The grease pump disallowance was accepted by the assessee, and no proof was produced that the hydraulic pump used in poclain excavator shovels was integral to manufacture. Credit on all disputed items was therefore disallowed. Case-Laws Central Excise Fri, 15 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114639