‘Welding electrodes’ eligible for MODVAT credit

Manikgarh Cement Vs Commissioner of Central Excise (CESTAT Mumbai)

The question that arises is whether ‘welding electrodes’ are ‘consumables’ as held by the original authority or are used in the manufacture of excisable goods and, therefore, eligible for MODVAT credit as claimed by the assessee.

It is the claim of the appellant that within ‘capital goods’, which are eligible for availment of MODVAT credit, ‘welding electrodes’ are also found.

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