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<h1>CEGAT allows Modvat credit for UPS & HVTS as capital goods</h1> <h3>MADITRON Versus COMMISSIONER OF CENTRAL EXCISE, CALCUTTA</h3> MADITRON Versus COMMISSIONER OF CENTRAL EXCISE, CALCUTTA - 1999 (113) E.L.T. 252 (Tribunal) The Appellate Tribunal CEGAT, CALCUTTA allowed the appeal, granting Modvat credit for UPS system and HVTS as they are essential for producing the final product of electronic control panels. The Tribunal found that these goods qualify as 'capital goods' under Rule 57Q.