https://www.taxtmi.com/caselaws?id=50729 Modvat credit was treated as available for capital goods and related items used in or in relation to manufacture where they had a functional and integral nexus with the manufacturing process. On that approach, credit was admissible on PVC pipes and fittings, HDPE pipes and tubes, staging structural material, centrifugal machinery, MS plates, slag wool, MS tanks and accessories, ceramic fibre blankets and conductors. Credit was denied only for corrugated sheets made of asbestos because they were used merely as covering for the heat exchanger and lacked the required manufacturing nexus. en-us Fri, 03 Aug 2001 00:00:00 +0530 Fri, 03 Sep 2010 10:04:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50729 Modvat credit was treated as available for capital goods and related items used in or in relation to manufacture where they had a functional and integral nexus with the manufacturing process. On that approach, credit was admissible on PVC pipes and fittings, HDPE pipes and tubes, staging structural material, centrifugal machinery, MS plates, slag wool, MS tanks and accessories, ceramic fibre blankets and conductors. Credit was denied only for corrugated sheets made of asbestos because they were used merely as covering for the heat exchanger and lacked the required manufacturing nexus. Case-Laws Central Excise Fri, 03 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50729