https://www.taxtmi.com/caselaws?id=85718 Modvat credit was held admissible on a transformer treated as capital goods under Rule 57Q of the Central Excise Rules, 1944. The transformer was installed in the plant to reduce supply voltage to 433 volts for running motors used in manufacture, and it functioned as an integral part of the plant and machinery supporting the manufacturing process. On that basis, the broader explanation to Rule 57Q applied, and the order allowing credit was upheld, leaving the Revenue's challenge unsuccessful. en-us Mon, 12 Aug 1996 00:00:00 +0530 Sat, 06 Aug 2011 17:09:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85718 Modvat credit was held admissible on a transformer treated as capital goods under Rule 57Q of the Central Excise Rules, 1944. The transformer was installed in the plant to reduce supply voltage to 433 volts for running motors used in manufacture, and it functioned as an integral part of the plant and machinery supporting the manufacturing process. On that basis, the broader explanation to Rule 57Q applied, and the order allowing credit was upheld, leaving the Revenue's challenge unsuccessful. Case-Laws Central Excise Mon, 12 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85718