https://www.taxtmi.com/caselaws?id=85400 Electrical transformers were treated as eligible capital goods for Modvat credit under Rule 57Q, with the date of specific inclusion held immaterial once the item was recognised as capital goods. Electronics control panel boards were also treated as eligible because they regulated amperage and voltage for machinery used in manufacture and functioned as essential accessories integrally connected with production. On that reasoning, denial of Modvat credit was not sustained and credit on both items was affirmed. en-us Tue, 30 Jul 1996 00:00:00 +0530 Thu, 04 Aug 2011 17:07:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85400 Electrical transformers were treated as eligible capital goods for Modvat credit under Rule 57Q, with the date of specific inclusion held immaterial once the item was recognised as capital goods. Electronics control panel boards were also treated as eligible because they regulated amperage and voltage for machinery used in manufacture and functioned as essential accessories integrally connected with production. On that reasoning, denial of Modvat credit was not sustained and credit on both items was affirmed. Case-Laws Central Excise Tue, 30 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85400