https://www.taxtmi.com/caselaws?id=125293 Cement used only as construction, repair, or maintenance material in mines was not treated as an input used in or in relation to manufacture, so modvat credit was rightly disallowed. The material was held to be building material, not something integrally connected with the manufacturing process. Penalty, however, was found unwarranted because the availment arose from a bona fide interpretative dispute and a view favourable to the assessee had continued for a considerable period. The denial of credit was sustained, while the penalty was deleted. en-us Thu, 16 Apr 2009 00:00:00 +0530 Mon, 22 Oct 2012 15:40:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125293 Cement used only as construction, repair, or maintenance material in mines was not treated as an input used in or in relation to manufacture, so modvat credit was rightly disallowed. The material was held to be building material, not something integrally connected with the manufacturing process. Penalty, however, was found unwarranted because the availment arose from a bona fide interpretative dispute and a view favourable to the assessee had continued for a considerable period. The denial of credit was sustained, while the penalty was deleted. Case-Laws Central Excise Thu, 16 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125293