https://www.taxtmi.com/caselaws?id=214114 Honing stones used with a honing machine were treated as eligible for Cenvat credit as capital goods accessories because they performed an integral function in the manufacturing process. The Tribunal accepted that the honing machine was classifiable under sub-heading 8460 and used for smoothing and polishing ball bearings, and it relied on prior precedent equating honing stones with grinding wheels in functional effect. As the stones contributed directly to the finished quality of the product and were used as part of the capital goods setup, denial of credit was unsustainable. The assessee was entitled to relief and the order denying credit was set aside. en-us Wed, 02 May 2012 00:00:00 +0530 Tue, 09 Oct 2012 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214114 Honing stones used with a honing machine were treated as eligible for Cenvat credit as capital goods accessories because they performed an integral function in the manufacturing process. The Tribunal accepted that the honing machine was classifiable under sub-heading 8460 and used for smoothing and polishing ball bearings, and it relied on prior precedent equating honing stones with grinding wheels in functional effect. As the stones contributed directly to the finished quality of the product and were used as part of the capital goods setup, denial of credit was unsustainable. The assessee was entitled to relief and the order denying credit was set aside. Case-Laws Central Excise Wed, 02 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214114