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of <h1>Power-driven pumps in paper manufacturing eligible for Modvat credit as essential plant components</h1> <h3>THREE M PAPER MFG. CO. PVT. LTD. Versus COMMISSIONER OF C. EX., PUNE</h3> THREE M PAPER MFG. CO. PVT. LTD. Versus COMMISSIONER OF C. EX., PUNE - 1999 (113) E.L.T. 226 (Tribunal) The appeal questioned whether power driven pumps used in paper manufacturing qualify as 'capital goods' for Modvat credit. The Commissioner (Appeals) ruled the pumps did not meet Rule 57Q requirements. The appellant argued the pumps were essential for paper production, citing previous Tribunal decisions. The Tribunal agreed, stating the pumps were plant components necessary for paper manufacturing, allowing Modvat credit. Appeal allowed.
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