TMI Blog2001 (2) TMI 418X X X X Extracts X X X X X X X X Extracts X X X X ..... Modvat credit is available to the Respondents, M/s A.K. Automatics in respect of CRB Plus, Hyspi-Ep, Rx Super and Magna-100 used as coolants in turning and grinding process. 2. When the matter was called no one was present on behalf of the Respondents in spite of notice. I also observed that the Respondents had never earlier appeared when the matter was posted for hearing. I, therefore, take the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... observe from the Adjudication Order No. 58/98, dated 21-5-1998 that the impugned goods were used as coolant to cooldown the machines in turning and grinding operations. For the purpose of availing of Modvat credit under Rule 57A, it is not necessary that the inputs should form the part of the final product itself as the same could be used directly or indirectly in or in relation to the manufactur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... clusion that lubrication of the machinery is an activity which is concerned with or pertaining to the manufacture of the finished goods. It is rather integrally connected with the manufacture. The use of lubricants in the machinery is certainly in or in relation to the manufacture of the finished product. In the present matter it is not denied by the Revenue that the impugned goods are used as coo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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