https://www.taxtmi.com/caselaws?id=87078 Modvat credit under Rule 57Q covers electric wires and cables, hubs and blades, switch gear, and HRC fuses when they are identifiable as parts, equipment, or apparatus of plant and machinery. These items qualify as capital goods for credit purposes. Malic Resins do not receive the same treatment because no supporting basis establishes their coverage as capital goods. Consequently, credit is available for the listed plant-and-machinery components but not for Malic Resins. en-us Thu, 07 Aug 1997 00:00:00 +0530 Fri, 02 Sep 2011 16:20:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87078 Modvat credit under Rule 57Q covers electric wires and cables, hubs and blades, switch gear, and HRC fuses when they are identifiable as parts, equipment, or apparatus of plant and machinery. These items qualify as capital goods for credit purposes. Malic Resins do not receive the same treatment because no supporting basis establishes their coverage as capital goods. Consequently, credit is available for the listed plant-and-machinery components but not for Malic Resins. Case-Laws Central Excise Thu, 07 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87078