https://www.taxtmi.com/caselaws?id=46384 Modvat credit was treated as admissible on wire mesh and felt used in the manufacture of paper because the items were used as replaceable goods in the manufacturing process and therefore qualified as inputs under Rule 57A of the Central Excise Rules, 1944. Even if they were excluded from the definition of inputs as machinery, plant or equipment, they would still fall within capital goods under Rule 57Q, which also allowed credit. The Tribunal's view was considered a possible view, and the references were answered in favour of the assessee, with no question of law arising for further reference. en-us Mon, 14 Jan 2002 00:00:00 +0530 Sat, 17 Jul 2010 14:09:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46384 Modvat credit was treated as admissible on wire mesh and felt used in the manufacture of paper because the items were used as replaceable goods in the manufacturing process and therefore qualified as inputs under Rule 57A of the Central Excise Rules, 1944. Even if they were excluded from the definition of inputs as machinery, plant or equipment, they would still fall within capital goods under Rule 57Q, which also allowed credit. The Tribunal's view was considered a possible view, and the references were answered in favour of the assessee, with no question of law arising for further reference. Case-Laws Central Excise Mon, 14 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46384