https://www.taxtmi.com/caselaws?id=48379 The court held that grinding media balls are eligible for Modvat credit under Rule 57A as component parts used in the manufacturing process. The failure to file a declaration under Rule 57G was addressed by a penalty imposed, and Modvat credit could not be denied on this basis. The judgment emphasized that minor procedural lapses should not lead to the denial of substantive benefits like Modvat credit. en-us Thu, 03 Jul 2008 00:00:00 +0530 Fri, 05 Dec 2014 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48379 The court held that grinding media balls are eligible for Modvat credit under Rule 57A as component parts used in the manufacturing process. The failure to file a declaration under Rule 57G was addressed by a penalty imposed, and Modvat credit could not be denied on this basis. The judgment emphasized that minor procedural lapses should not lead to the denial of substantive benefits like Modvat credit. Case-Laws Central Excise Thu, 03 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48379