https://www.taxtmi.com/caselaws?id=48731 The Tribunal held that the department was entitled to challenge, in appeal, the finding that the declaration covered the ribbons, so the preliminary objection that a new case was being raised failed. On Modvat credit, it applied the Rule 57A test of use in or in relation to manufacture and held that ribbons fitted with line printers, supplied along with them and necessary for functioning and testing, formed part of the manufacturing process. Their later replaceability or inclusion in valuation did not defeat eligibility. Modvat credit was therefore admissible on the fitted ribbons, subject to verification of the admissible amount. en-us Tue, 18 Jul 1995 00:00:00 +0530 Thu, 16 Nov 2023 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48731 The Tribunal held that the department was entitled to challenge, in appeal, the finding that the declaration covered the ribbons, so the preliminary objection that a new case was being raised failed. On Modvat credit, it applied the Rule 57A test of use in or in relation to manufacture and held that ribbons fitted with line printers, supplied along with them and necessary for functioning and testing, formed part of the manufacturing process. Their later replaceability or inclusion in valuation did not defeat eligibility. Modvat credit was therefore admissible on the fitted ribbons, subject to verification of the admissible amount. Case-Laws Central Excise Tue, 18 Jul 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48731