https://www.taxtmi.com/caselaws?id=84849 Modvat credit was treated as unavailable to be denied merely because reduction gear box and DC drive were not described with exact nomenclature in the Rule 57G declaration. The stated inputs were otherwise eligible, and the descriptions of gear box and speed regulator were accepted as having a functional nexus with the goods actually used; they were also treated as falling within the same chapter heading. The substantive entitlement to credit was therefore not defeated by a technical mismatch in wording, where the technical character and use of the inputs corresponded to the declared items. en-us Wed, 11 Oct 1995 00:00:00 +0530 Mon, 01 Aug 2011 11:30:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84849 Modvat credit was treated as unavailable to be denied merely because reduction gear box and DC drive were not described with exact nomenclature in the Rule 57G declaration. The stated inputs were otherwise eligible, and the descriptions of gear box and speed regulator were accepted as having a functional nexus with the goods actually used; they were also treated as falling within the same chapter heading. The substantive entitlement to credit was therefore not defeated by a technical mismatch in wording, where the technical character and use of the inputs corresponded to the declared items. Case-Laws Central Excise Wed, 11 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84849