https://www.taxtmi.com/caselaws?id=259719 Welding electrodes used only for repair and maintenance of factory machinery were held too remote from manufacture to qualify as MODVAT inputs under Rule 57A read with Rule 57B of the Central Excise Rules, 1944. The same reasoning was applied under the CENVAT Credit Rules, 2001, where the definitions of capital goods and input did not bring such electrodes within the eligible category. Credit was therefore disallowed under both regimes because goods used merely for maintenance lacked the direct or sufficiently proximate nexus required for excise credit. en-us Thu, 14 May 2015 00:00:00 +0530 Wed, 07 Oct 2015 09:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259719 Welding electrodes used only for repair and maintenance of factory machinery were held too remote from manufacture to qualify as MODVAT inputs under Rule 57A read with Rule 57B of the Central Excise Rules, 1944. The same reasoning was applied under the CENVAT Credit Rules, 2001, where the definitions of capital goods and input did not bring such electrodes within the eligible category. Credit was therefore disallowed under both regimes because goods used merely for maintenance lacked the direct or sufficiently proximate nexus required for excise credit. Case-Laws Central Excise Thu, 14 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259719