https://www.taxtmi.com/caselaws?id=48722 Release paper used in the manufacture of coated cotton fabrics was treated as an eligible MODVAT input because it directly participated in the manufacturing process and part of the silicon coating transferred to the fabric formed part of the final product. Its repeated use did not convert it into machinery, plant, equipment, apparatus, tools or appliances, and in trade parlance it remained paper rather than excluded equipment. MODVAT credit under Rule 57A was therefore admissible, in line with supporting Tribunal reasoning. en-us Mon, 09 May 1994 00:00:00 +0530 Fri, 10 Nov 2023 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48722 Release paper used in the manufacture of coated cotton fabrics was treated as an eligible MODVAT input because it directly participated in the manufacturing process and part of the silicon coating transferred to the fabric formed part of the final product. Its repeated use did not convert it into machinery, plant, equipment, apparatus, tools or appliances, and in trade parlance it remained paper rather than excluded equipment. MODVAT credit under Rule 57A was therefore admissible, in line with supporting Tribunal reasoning. Case-Laws Central Excise Mon, 09 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48722