Century Cement vs Collector Of Central Excise on 10 August, 1992
Similarly the Revenue also relied upon the decisions in the case of Century Cement v. Commissioner of Central Excise, Raipur reported in 1997 (95) E.L.T. 69 (T) wherein Modvat credit has been disallowed on Acetylene Gas and Oxygen Gas used for the purpose of welding of the machines. On the same analogy Modvat credit cannot be allowed on the Welding Electrodes as capital goods under Rule 57Q of Central Excise Rules, 1944.