https://www.taxtmi.com/caselaws?id=167141 Materials indirectly used in a manufacturing chain may qualify for credit under Rule 56A where they are ultimately employed in producing the final excisable product, even if they do not themselves form part of that product. On that approach, platinum and rhodium gauzes used in the intermediate manufacture of nitric acid, later converted into inputs for explosives, were treated as eligible materials used in the manufacture of explosives. The cited notifications and prior appellate decisions were read consistently with this broader functional test, so credit was allowed and the objection to availment of the procedure was rejected. en-us Thu, 05 Jul 1984 00:00:00 +0530 Tue, 09 Dec 2014 12:32:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167141 Materials indirectly used in a manufacturing chain may qualify for credit under Rule 56A where they are ultimately employed in producing the final excisable product, even if they do not themselves form part of that product. On that approach, platinum and rhodium gauzes used in the intermediate manufacture of nitric acid, later converted into inputs for explosives, were treated as eligible materials used in the manufacture of explosives. The cited notifications and prior appellate decisions were read consistently with this broader functional test, so credit was allowed and the objection to availment of the procedure was rejected. Case-Laws Central Excise Thu, 05 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167141