https://www.taxtmi.com/caselaws?id=48789 Rule 57A Modvat credit was available for parts of machinery and coated abrasive/aloxide paper belt metalite because the exclusion clause applies to full, self-contained units such as machinery, apparatus, appliance, equipment, plant and tool, not to mere parts of those items. Goods used as machine parts or for finishing and smoothing work were not disqualified simply by their connection with machinery. The reasoning followed the Larger Bench view that the excluded expressions denote complete units, and a part of a machine is not itself an excluded appliance or equipment. On that basis, the goods were treated as eligible inputs for Modvat credit. en-us Wed, 05 Apr 2000 00:00:00 +0530 Fri, 06 Aug 2010 14:30:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48789 Rule 57A Modvat credit was available for parts of machinery and coated abrasive/aloxide paper belt metalite because the exclusion clause applies to full, self-contained units such as machinery, apparatus, appliance, equipment, plant and tool, not to mere parts of those items. Goods used as machine parts or for finishing and smoothing work were not disqualified simply by their connection with machinery. The reasoning followed the Larger Bench view that the excluded expressions denote complete units, and a part of a machine is not itself an excluded appliance or equipment. On that basis, the goods were treated as eligible inputs for Modvat credit. Case-Laws Central Excise Wed, 05 Apr 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48789