https://www.taxtmi.com/caselaws?id=46112 Modvat credit on grinding wheels was treated as admissible because the appellate authorities found them to be necessary inputs used in relation to manufacture, and no material was produced to displace that finding. On that basis, the controversy was held not to raise any substantial question of law for reference under the Central Excise Act, so the reference petition was not maintainable and the Revenue's challenge failed. The allowance of credit on grinding wheels was therefore left undisturbed. en-us Fri, 12 Oct 2001 00:00:00 +0530 Thu, 15 Jul 2010 17:48:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46112 Modvat credit on grinding wheels was treated as admissible because the appellate authorities found them to be necessary inputs used in relation to manufacture, and no material was produced to displace that finding. On that basis, the controversy was held not to raise any substantial question of law for reference under the Central Excise Act, so the reference petition was not maintainable and the Revenue's challenge failed. The allowance of credit on grinding wheels was therefore left undisturbed. Case-Laws Central Excise Fri, 12 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46112