https://www.taxtmi.com/caselaws?id=1789 The Appellate Tribunal CESTAT, Mumbai ruled on the eligibility of Saggers and Setters used in tile manufacturing and fuel storage tanks purchased from a ship breaking company for Modvat credit. The Tribunal held that items need not directly go into the final product to qualify for credit, upholding the eligibility of both items. Despite misclassification of the tanks, the Tribunal emphasized that as long as the input is used in the manufacturing process, Modvat credit should not be denied. The Tribunal affirmed the Commissioner (Appeals) orders, emphasizing the importance of considering input use in manufacturing over direct product incorporation. en-us Mon, 21 Aug 2006 00:00:00 +0530 Tue, 15 Apr 2008 10:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1789 The Appellate Tribunal CESTAT, Mumbai ruled on the eligibility of Saggers and Setters used in tile manufacturing and fuel storage tanks purchased from a ship breaking company for Modvat credit. The Tribunal held that items need not directly go into the final product to qualify for credit, upholding the eligibility of both items. Despite misclassification of the tanks, the Tribunal emphasized that as long as the input is used in the manufacturing process, Modvat credit should not be denied. The Tribunal affirmed the Commissioner (Appeals) orders, emphasizing the importance of considering input use in manufacturing over direct product incorporation. Case-Laws Central Excise Mon, 21 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1789