https://www.taxtmi.com/caselaws?id=87856 Electric wires and cables used to supply electricity within a manufacturing plant were treated as eligible for Modvat credit as capital goods under Rule 57Q where they were necessary for operating the manufacturing machinery. The Tribunal applied the broader principle that components, spare parts and accessories essential for running production machinery fall within the provision, and rejected the narrower view that capital goods must be limited to the main machinery or plant directly used in production. On that basis, cables integral to the machinery's operation qualified for credit in favour of the assessee. en-us Wed, 26 Nov 1997 00:00:00 +0530 Tue, 13 Sep 2011 13:23:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87856 Electric wires and cables used to supply electricity within a manufacturing plant were treated as eligible for Modvat credit as capital goods under Rule 57Q where they were necessary for operating the manufacturing machinery. The Tribunal applied the broader principle that components, spare parts and accessories essential for running production machinery fall within the provision, and rejected the narrower view that capital goods must be limited to the main machinery or plant directly used in production. On that basis, cables integral to the machinery's operation qualified for credit in favour of the assessee. Case-Laws Central Excise Wed, 26 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87856