https://www.taxtmi.com/caselaws?id=52537 Modvat credit was treated as unavailable for welding gases, welding consumables, red colour used for pipeline painting, and HDPE/PP tanks, tyres and related parts used for repair, maintenance or material handling, because such goods were not regarded as inputs used in manufacture. The note also indicates that penalty under Rule 173Q may be deleted where credit eligibility turns on conflicting legal views, even if the credit demand itself is sustained. The core principle stated is that items used only for repair, maintenance or handling do not qualify as eligible inputs. 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 treated as unavailable for welding gases, welding consumables, red colour used for pipeline painting, and HDPE/PP tanks, tyres and related parts used for repair, maintenance or material handling, because such goods were not regarded as inputs used in manufacture. The note also indicates that penalty under Rule 173Q may be deleted where credit eligibility turns on conflicting legal views, even if the credit demand itself is sustained. The core principle stated is that items used only for repair, maintenance or handling do not qualify as eligible inputs. Case-Laws Central Excise Fri, 26 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52537