https://www.taxtmi.com/caselaws?id=185678 Welding electrodes used only for repair and maintenance of factory machinery were held not to qualify as eligible inputs under MODVAT, because they were not used in or in relation to manufacture in the statutory sense and their maintenance function was merely incidental. Applying the same reasoning to the later CENVAT regime, the Court found no material change in the definitions to treat such electrodes as capital goods or eligible inputs. Credit was therefore denied for both periods, with the statutory questions answered against the assessee and in favour of the Revenue. en-us Fri, 27 Feb 2015 00:00:00 +0530 Tue, 23 Aug 2016 14:33:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185678 Welding electrodes used only for repair and maintenance of factory machinery were held not to qualify as eligible inputs under MODVAT, because they were not used in or in relation to manufacture in the statutory sense and their maintenance function was merely incidental. Applying the same reasoning to the later CENVAT regime, the Court found no material change in the definitions to treat such electrodes as capital goods or eligible inputs. Credit was therefore denied for both periods, with the statutory questions answered against the assessee and in favour of the Revenue. Case-Laws Central Excise Fri, 27 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185678