https://www.taxtmi.com/caselaws?id=51060 Credit under Rule 57R was held admissible for machinery used to make sand moulds and sand cores where those items formed an inevitable intermediate step in producing metal castings. The analysis treated the moulds and cores as intermediate products with no independent commercial function apart from their use in the casting process. On that basis, the restriction in Rule 57R(1) for capital goods used exclusively in making exempted goods was not applied to deny credit, and the machinery was treated as capital goods within the Rule 57Q and Rule 57R scheme. The disallowance of credit was therefore not sustainable. en-us Thu, 22 Nov 2001 00:00:00 +0530 Wed, 22 Sep 2010 15:02:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51060 Credit under Rule 57R was held admissible for machinery used to make sand moulds and sand cores where those items formed an inevitable intermediate step in producing metal castings. The analysis treated the moulds and cores as intermediate products with no independent commercial function apart from their use in the casting process. On that basis, the restriction in Rule 57R(1) for capital goods used exclusively in making exempted goods was not applied to deny credit, and the machinery was treated as capital goods within the Rule 57Q and Rule 57R scheme. The disallowance of credit was therefore not sustainable. Case-Laws Central Excise Thu, 22 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51060