https://www.taxtmi.com/caselaws?id=88275 Grinding wheel, electric motor, gear pump, HRC fuse, static convertor, heat exchanger and cable were treated as capital goods for Modvat credit under Rule 57Q of the Central Excise Rules, 1944. Before 16-3-1995, the rule covered machines, machinery, equipment and their parts used for producing or processing dutiable final products, or for bringing about a change in any substance used in manufacture. On the facts, the items were found to be machines or parts of machinery essential to the manufacturing process and the production or processing of the final product, so they qualified for credit. en-us Tue, 16 Dec 1997 00:00:00 +0530 Fri, 16 Sep 2011 16:04:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88275 Grinding wheel, electric motor, gear pump, HRC fuse, static convertor, heat exchanger and cable were treated as capital goods for Modvat credit under Rule 57Q of the Central Excise Rules, 1944. Before 16-3-1995, the rule covered machines, machinery, equipment and their parts used for producing or processing dutiable final products, or for bringing about a change in any substance used in manufacture. On the facts, the items were found to be machines or parts of machinery essential to the manufacturing process and the production or processing of the final product, so they qualified for credit. Case-Laws Central Excise Tue, 16 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88275