https://www.taxtmi.com/caselaws?id=48739 Tool kits and jack assemblies supplied with motor vehicles, whose value was included in the assessable value and which were necessary to clear the vehicles in marketable form, were treated as inputs used in relation to manufacture and qualified for Modvat credit. The exclusion clause for tools did not apply because the articles were not used to produce, process, or effect a change in goods; being tools alone was insufficient to deny credit. The assessees could also rely on the CBEC instruction then in force, which bound departmental officers until withdrawn. The impugned orders were therefore unsustainable and credit was held admissible. en-us Fri, 25 Oct 1996 00:00:00 +0530 Thu, 16 Nov 2023 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48739 Tool kits and jack assemblies supplied with motor vehicles, whose value was included in the assessable value and which were necessary to clear the vehicles in marketable form, were treated as inputs used in relation to manufacture and qualified for Modvat credit. The exclusion clause for tools did not apply because the articles were not used to produce, process, or effect a change in goods; being tools alone was insufficient to deny credit. The assessees could also rely on the CBEC instruction then in force, which bound departmental officers until withdrawn. The impugned orders were therefore unsustainable and credit was held admissible. Case-Laws Central Excise Fri, 25 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48739