Eligibility of Items of inputs which are not raw materials or components for purposes of credit under Modvat Scheme - Representation regarding

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..... 4/89-CX.8 Dated 21-3-1989 [From F. No. 267/103/87-CX.8] Government of India Ministry of Finance (Department of Revenue) Central Board of Excise & Customs, New Delhi Subject : Eligibility of Items of inputs which are not raw materials or components for purposes of credit under Modvat Scheme - Representation regarding. It has been represented by M/s. Tata Yodogawa Limited that....

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....hence not entitled to Modvat credit. 2. Grinding wheels. This is used for grinding the surface of castings for giving proper surface as per drawings and specifications. It is therefore more of a tool for processing the castings, and thus would not be entitled to Modvat credit. 3. Thermocouple tips. From its usage, it is seen that this item is used in immersion pyrometer for measuring t....

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....ed that coke dust is a flux material charged into the furnace alongwith raw material for removing impurities/making adjustments of compositions in steel items. This material is an essential input for manufacture of goods. Therefore it would be eligible for modvat purposes. 7. Fluorspar. This item too is charged into the furnace alongwith other raw materials for removal of impurities/adjustme....