1998 (3) TMI 292

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....ri Srivastava, DR, for the Respondent. [Order per : G.A. Brahma Deva, Member (J)]. - The dispute relates to the Modvat credit. The Modvat credit has been denied on the following inputs on the ground that either they are not directly used in the manufacture of finished products or in some case they were used as part of the machinery and since machinery is not entitled to Modvat, the benefit c....

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....s used as lining material and heat insulating material in electric arc furnaces being part of machinery not "input" used in or in relation to manufacture of finished product. He submitted that applying the ratio of that decision the Modvat credit cannot be extended to the above items since they are only parts of machinery and not as inputs as such. 3. We have carefully considered the submi....