https://www.taxtmi.com/caselaws?id=116980 Modvat credit was disputed for cutting tools, taps and HSS taper shanks used in manufacturing machines within an in-house division. The taxpayer maintained that these goods were essential machine components and qualified as inputs under Rule 57A, with eligibility also asserted under Rule 57Q. Credit had been denied on the basis that the goods were parts or accessories of production machinery and that their use as spares or accessories was not established. The taxpayer further contended that Notification No. 33/94-NT did not require a PLA entry for Modvat eligibility. en-us Fri, 20 May 2005 00:00:00 +0530 Tue, 19 Jun 2012 13:31:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116980 Modvat credit was disputed for cutting tools, taps and HSS taper shanks used in manufacturing machines within an in-house division. The taxpayer maintained that these goods were essential machine components and qualified as inputs under Rule 57A, with eligibility also asserted under Rule 57Q. Credit had been denied on the basis that the goods were parts or accessories of production machinery and that their use as spares or accessories was not established. The taxpayer further contended that Notification No. 33/94-NT did not require a PLA entry for Modvat eligibility. Case-Laws Central Excise Fri, 20 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116980