https://www.taxtmi.com/caselaws?id=52537 Modvat credit was denied on welding gases, welding consumables and red paint because their use in repairing, maintaining or painting plant and pipeline infrastructure did not constitute use in the manufacturing process. HDPE/PP tanks, tyres and lift-cylinder parts used in material-handling machinery were treated as capital goods or components rather than eligible inputs under Rule 57A, so credit on all disputed goods remained disallowed. Penalty under Rule 173Q was set aside because the credit claim involved conflicting legal views and a bona fide dispute over eligibility. The appeal therefore succeeded only to the extent of penalty deletion. en-us Fri, 26 Dec 2003 00:00:00 +0530 Wed, 06 Oct 2010 13:38:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52537 Modvat credit was denied on welding gases, welding consumables and red paint because their use in repairing, maintaining or painting plant and pipeline infrastructure did not constitute use in the manufacturing process. HDPE/PP tanks, tyres and lift-cylinder parts used in material-handling machinery were treated as capital goods or components rather than eligible inputs under Rule 57A, so credit on all disputed goods remained disallowed. Penalty under Rule 173Q was set aside because the credit claim involved conflicting legal views and a bona fide dispute over eligibility. The appeal therefore succeeded only to the extent of penalty deletion. Case-Laws Central Excise Fri, 26 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52537