2006 (7) TMI 26

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.... appeal dated 28th February, 2003 which denied the Modvat credit to the appellant on the Steam Turbine and spares thereof. 2. The relevant fact that arise for consideration are the appellants are manufacturers of Power Driven Pumps set/supply the same as a set. For manufacturing the set of Power Driven Pumps, appellants require a centrifugal force of power which can come from either motors or t....

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.... seeking to deny credit on Steam Turbine. He relies upon board circular dated 26th June, 1996 and 3rd April, 1996. 5. Learned DR. on the other hand submits that the Steam Turbine which is used by the appellant is not required for the manufacture of final product .It also his submission that this Steam Turbine is used as a spare. Hence, denial of Modvat credit on Steam Turbine is correct. 6. ....