https://www.taxtmi.com/circulars?id=6895 Admissibility of Modvat credit on materials used to make sand and ceramic moulds for casting was considered; the Board concluded sand moulds are excisable products forming part of casting machinery and therefore do not qualify as inputs, so Modvat credit on inputs used to manufacture such moulds is not admissible, and field formations and trade are to be informed. en-us Thu, 30 Jun 1988 00:00:00 +0530 Wed, 08 Jul 2009 16:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6895 Admissibility of Modvat credit on materials used to make sand and ceramic moulds for casting was considered; the Board concluded sand moulds are excisable products forming part of casting machinery and therefore do not qualify as inputs, so Modvat credit on inputs used to manufacture such moulds is not admissible, and field formations and trade are to be informed. Circulars Central Excise Thu, 30 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6895