1996 (9) TMI 426

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....Gurnani, JDR, for the Respondent. [Order per : Gowri Shankar, Member (T)]. - The issue for decision in this appeal is whether the cylinders which comprised the fire extinguishers manufactured by the appellant would be entitled to Modvat credit or not. In the case of the fire extinguisher under consideration, it was only carbon dioxide under pressure which was contained in the cylinder. The A....

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....ders in which gases of various types are packed and transported. In the latter case the cylinders are almost invariably returned to the manufacturer and hence their value is not included in the assessable value. In the light of the clear reasoning given in the circular, it would be evident that the cylinders which form part of fire extinguisher would not be hit by the Explanation to Rule 57A and c....