https://www.taxtmi.com/caselaws?id=87727 Under Rule 57Q, items functioning as components, accessories or parts of machinery used in manufacture may qualify as capital goods for Modvat credit. Instrument cables were treated as part of the equipment used in the manufacturing process and therefore covered by the explanation to Rule 57Q; Modvat credit was admissible. Hydrant valves, which regulated the flow of liquid inputs and functioned as parts of plant and machinery, were also held to fall within the explanation to Rule 57Q; Modvat credit was likewise admissible. en-us Sat, 16 Jan 1988 00:00:00 +0530 Thu, 08 Sep 2011 18:51:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87727 Under Rule 57Q, items functioning as components, accessories or parts of machinery used in manufacture may qualify as capital goods for Modvat credit. Instrument cables were treated as part of the equipment used in the manufacturing process and therefore covered by the explanation to Rule 57Q; Modvat credit was admissible. Hydrant valves, which regulated the flow of liquid inputs and functioned as parts of plant and machinery, were also held to fall within the explanation to Rule 57Q; Modvat credit was likewise admissible. Case-Laws Central Excise Sat, 16 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87727