9911796707
TMI Blog1997 (9) TMI 214X X X X Extracts X X X X X X X X Extracts X X X X ..... By the present appeal, the appellants have assailed the order of the ld. Commissioner (Appeals). The Commissioner (Appeals) held that no Modvat credit will be admissible on Grinding Wheels, Honing Stones/Sticks and Graphite Crucibles. Being aggrieved by this order, the Appellants have come up in appeal before us. 2. Briefly stated, the facts of the case are that the Appellants are engaged in th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... credit by the Tribunal in its order in the case of M/s. Escorts Limited [1996 (16) RLT 712]. 3. About Honing Stones/Sticks, the ld. Consultant submitted that the item is used for honing/polishing the bore and cylinder liner. He submits that the function of honing stone/stick is similar to that of the Grinding Wheel. The ld. Consultant submits that it is not one of the items covered by exclusion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l in the case of M/s. Oswal Steels contained in Tribunal s Order No. A/1895/96-NB, dated 12-7-1997. 5. Summing up his arguments, the ld. Consultant submits that in view of the above submissions, Modvat credit will be admissible to all the above 3 items and prayed that the appeal may be allowed. 6. Countering the arguments of the ld. Consultant, Shri P.K. Jain, the ld. SDR, reiterates the findi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pect of Grinding Wheel, we hold that Modvat credit will be admissible to Honing Stone/Stick. 10. Insofar as Graphite Crucible is concerned, we find that they are containers to hold molten metal. We have consulted the Second Edition of McGraw-Hill Dictionary of Scientific and Technical Terms. We find that it is in the form of a Utensil, may be of larger size. It is not in the form of a machine/eq ..... X X X X Extracts X X X X X X X X Extracts X X X X
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