https://www.taxtmi.com/caselaws?id=86068 Goods installed in a factory to regulate input voltage, control machine speed and protect motors used in a calendering line were treated as capital goods under Rule 57Q because they were essential to the operation of machinery directly used in manufacture. The relevant tariff heading inserted by notification dated 16-3-1995 was regarded as clarificatory, supporting retrospective application. On that basis, the assessee was held entitled to Modvat credit on the disputed items. en-us Fri, 29 Nov 1996 00:00:00 +0530 Wed, 10 Aug 2011 10:37:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86068 Goods installed in a factory to regulate input voltage, control machine speed and protect motors used in a calendering line were treated as capital goods under Rule 57Q because they were essential to the operation of machinery directly used in manufacture. The relevant tariff heading inserted by notification dated 16-3-1995 was regarded as clarificatory, supporting retrospective application. On that basis, the assessee was held entitled to Modvat credit on the disputed items. Case-Laws Central Excise Fri, 29 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86068