https://www.taxtmi.com/caselaws?id=87337 Voltage stabilizers and voltage regulators were held eligible for Modvat credit as capital goods under Rule 57Q because the relevant test was whether the items functioned as machinery, apparatus or equipment used in the production process, including in an auxiliary or integral capacity. Direct use in the actual manufacture of yarn was not required, and items connected with textile plant and machinery could not be excluded merely for not participating immediately in production. The assessee's claim was upheld on that basis. en-us Mon, 16 Dec 1996 00:00:00 +0530 Mon, 05 Sep 2011 13:18:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87337 Voltage stabilizers and voltage regulators were held eligible for Modvat credit as capital goods under Rule 57Q because the relevant test was whether the items functioned as machinery, apparatus or equipment used in the production process, including in an auxiliary or integral capacity. Direct use in the actual manufacture of yarn was not required, and items connected with textile plant and machinery could not be excluded merely for not participating immediately in production. The assessee's claim was upheld on that basis. Case-Laws Central Excise Mon, 16 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87337