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<h1>Tribunal affirms capital goods benefit for items, rejects Revenue's appeal.</h1> The Appellate Tribunal in Chennai upheld the Commissioner's decision that certain items are eligible for capital goods benefit. The Tribunal referenced a ... Modvat on capital goods The Appellate Tribunal in Chennai upheld the Commissioner's decision that certain items are eligible for capital goods benefit. The Tribunal referenced a previous judgment and ruled in favor of the assessee, rejecting the Revenue's appeal.