https://www.taxtmi.com/caselaws?id=389904 Grinding wheels used in the manufacturing process were treated as eligible inputs for Modvat/Cenvat credit because they were essential to, and integrally connected with, manufacture. The reasoning applied the settled principle that goods participating in the manufacturing process may qualify as inputs even if they also form part of machinery, unless expressly excluded by the governing rule. On that basis, credit was not available to be denied and the demand, interest and penalty were unsustainable. en-us Thu, 14 Nov 2019 00:00:00 +0530 Thu, 19 Dec 2019 09:58:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389904 Grinding wheels used in the manufacturing process were treated as eligible inputs for Modvat/Cenvat credit because they were essential to, and integrally connected with, manufacture. The reasoning applied the settled principle that goods participating in the manufacturing process may qualify as inputs even if they also form part of machinery, unless expressly excluded by the governing rule. On that basis, credit was not available to be denied and the demand, interest and penalty were unsustainable. Case-Laws Central Excise Thu, 14 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389904