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TMI Blog2006 (10) TMI 40X X X X Extracts X X X X X X X X Extracts X X X X ..... ods but combination of all such inputs are put in the category of existing capital goods - Credit not to be denied as inputs X X X X Extracts X X X X X X X X Extracts X X X X ..... ractory materials etc. are inputs for the manufacture of furnace within the factory premises and hence they have correctly availed the Modvat credit as inputs. The adjudicating authority confirmed the demand and also imposed penalty. On appeal, Commissioner (Appeals) also concurred with the findings of the adjudicating authority. Hence this appeal. 4.Considered the submissions made at length by b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... b-heading No. 6801.10 of the First Schedule to the Central Excise Tariff Act, 1985; (2) Components, spares and accessories of the goods specified at (i) above; (3) Moulds and dies; (4) Refractories and refractory materials; (5) Tubes and pipes and fitting thereof, used in the factory, and (6) Pollution control equipment (7) Storage tank used in the factory of the manufacturer of the final p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... noticed that explanation 2 to the definition of input indicated that the inputs which are used in the manufacture of capital goods would get covered under inputs, despite the fact that they may be mentioned as capital goods in the definition of Capital goods. It is common knowledge that for the manufacturing capital goods, in any factory, many inputs will be required. These inputs by themselves m ..... X X X X Extracts X X X X X X X X Extracts X X X X
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