https://www.taxtmi.com/caselaws?id=288644 Control panels and circuit breakers fitted into diesel generating sets were treated as inputs/component parts eligible for Modvat credit under Rule 57A because they were incorporated at the manufacturing stage, were essential to the functioning of the final product, and formed part of the marketed article. The fact that they were procured from outside did not break the nexus with manufacture. Their inclusion in the assessable value of the generating sets further supported that they were used in or in relation to manufacture. The assessee's claim for credit therefore succeeded. en-us Tue, 06 Jul 1993 00:00:00 +0530 Sat, 20 Jun 2020 11:04:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288644 Control panels and circuit breakers fitted into diesel generating sets were treated as inputs/component parts eligible for Modvat credit under Rule 57A because they were incorporated at the manufacturing stage, were essential to the functioning of the final product, and formed part of the marketed article. The fact that they were procured from outside did not break the nexus with manufacture. Their inclusion in the assessable value of the generating sets further supported that they were used in or in relation to manufacture. The assessee's claim for credit therefore succeeded. Case-Laws Central Excise Tue, 06 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288644