1997 (9) TMI 214

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....P.K. Jain, SDR, for the Respondent. [Order per : G.R. Sharma, Member (T)]. - By the present appeal, the appellants have assailed the order of the ld. Commissioner (Appeals). The Commissioner (Appeals) held that no Modvat credit will be admissible on Grinding Wheels, Honing Stones/Sticks and Graphite Crucibles. Being aggrieved by this order, the Appellants have come up in appeal before us. ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s are fixed on the Rim. He submits that Grinding wheel has been allowed the benefit of Modvat credit by the Tribunal in its order in the case of M/s. Escorts Limited [1996 (16) RLT 712]. 3. About Honing Stones/Sticks, the ld. Consultant submitted that the item is used for honing/polishing the bore and cylinder liner. He submits that the function of honing stone/stick is similar to that of ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Complex Steels (P) Ltd. [1996 (87) E.L.T. 710]. He also submits that similar view was taken by the Tribunal in the case of M/s. Oswal Steels contained in Tribunal's Order No. A/1895/96-NB, dated 12-7-1997. 5. Summing up his arguments, the ld. Consultant submits that in view of the above submissions, Modvat credit will be admissible to all the above 3 items and prayed that the appeal may be....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....machine/appliance/tool etc., but is only a part of the grinding machine. In this view of the matter and looking to the view taken in respect of Grinding Wheel, we hold that Modvat credit will be admissible to Honing Stone/Stick. 10. Insofar as Graphite Crucible is concerned, we find that they are containers to hold molten metal. We have consulted the Second Edition of McGraw-Hill Dictionar....