https://www.taxtmi.com/caselaws?id=122759 Modvat credit was denied for welding electrodes and general structural items such as plates, angles and channels because they were used for repairs, maintenance or fabrication work and not as components, parts or accessories of machinery. Credit was allowed for asbestos packing, red led non setting, set of brake liners, plunger type pumping unit and trash plate, as these items were treated as integral to machinery or the manufacturing process. The penalty linked to welding electrodes was set aside in light of conflicting views on eligibility, and the matter was remitted for re-quantification on the revised findings. en-us Fri, 17 Aug 2007 00:00:00 +0530 Fri, 17 Aug 2012 10:34:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122759 Modvat credit was denied for welding electrodes and general structural items such as plates, angles and channels because they were used for repairs, maintenance or fabrication work and not as components, parts or accessories of machinery. Credit was allowed for asbestos packing, red led non setting, set of brake liners, plunger type pumping unit and trash plate, as these items were treated as integral to machinery or the manufacturing process. The penalty linked to welding electrodes was set aside in light of conflicting views on eligibility, and the matter was remitted for re-quantification on the revised findings. Case-Laws Central Excise Fri, 17 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122759