https://www.taxtmi.com/caselaws?id=424 Tool kits supplied with motor vehicles or chassis are not inputs for Modvat purposes under Rule 57A because they do not participate in manufacture and are intended for post-manufacture use or maintenance, so credit on their duty is inadmissible. Where such credit is disallowed, the amount recoverable must first be adjusted against any duty already paid if the value of the tool kits was included in the assessable value; that factual position requires verification before recovery is quantified. In a dispute turning on interpretation of the credit provisions, penalty is not justified. en-us Mon, 05 Dec 2005 00:00:00 +0530 Sun, 13 Apr 2008 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424 Tool kits supplied with motor vehicles or chassis are not inputs for Modvat purposes under Rule 57A because they do not participate in manufacture and are intended for post-manufacture use or maintenance, so credit on their duty is inadmissible. Where such credit is disallowed, the amount recoverable must first be adjusted against any duty already paid if the value of the tool kits was included in the assessable value; that factual position requires verification before recovery is quantified. In a dispute turning on interpretation of the credit provisions, penalty is not justified. Case-Laws Central Excise Mon, 05 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424