https://www.taxtmi.com/caselaws?id=244458 Modvat credit on a hydraulic jack supplied with power transformers was found admissible because the jack was used to lift the transformer tank for movement during oil changing and fault-related maintenance, making it an essential item supplied with the transformers. The Tribunal applied the Larger Bench ruling in Bajaj Auto Ltd. on credit for kits and distinguished Daewoo Motors India Ltd. as dealing with assessable value rather than Modvat credit. On that basis, the jack was treated as an input used in relation to manufacture, and the Revenue's challenge failed. en-us Tue, 09 Jul 2013 00:00:00 +0530 Thu, 27 Feb 2014 06:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244458 Modvat credit on a hydraulic jack supplied with power transformers was found admissible because the jack was used to lift the transformer tank for movement during oil changing and fault-related maintenance, making it an essential item supplied with the transformers. The Tribunal applied the Larger Bench ruling in Bajaj Auto Ltd. on credit for kits and distinguished Daewoo Motors India Ltd. as dealing with assessable value rather than Modvat credit. On that basis, the jack was treated as an input used in relation to manufacture, and the Revenue's challenge failed. Case-Laws Central Excise Tue, 09 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244458