https://www.taxtmi.com/caselaws?id=87619 Metal rolls used as an integral part of a rolling mill qualified as capital goods under Rule 57Q of the Central Excise Rules, 1944, because parts of machinery, plant and machine were specifically covered from 1-4-1994; Modvat credit was therefore admissible. Lubricating oil also qualified as an input under Rule 57A because the governing test is use in or in relation to manufacture, and the manufacturing nexus was sufficient; Modvat credit was therefore admissible. The denial of credit was set aside to that extent, and the appeal succeeded on both items. en-us Thu, 06 Nov 1997 00:00:00 +0530 Thu, 08 Sep 2011 12:15:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87619 Metal rolls used as an integral part of a rolling mill qualified as capital goods under Rule 57Q of the Central Excise Rules, 1944, because parts of machinery, plant and machine were specifically covered from 1-4-1994; Modvat credit was therefore admissible. Lubricating oil also qualified as an input under Rule 57A because the governing test is use in or in relation to manufacture, and the manufacturing nexus was sufficient; Modvat credit was therefore admissible. The denial of credit was set aside to that extent, and the appeal succeeded on both items. Case-Laws Central Excise Thu, 06 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87619