https://www.taxtmi.com/caselaws?id=88590 Modvat credit under Rule 57Q was examined in relation to chassis, engine and other components used to assemble a mobile bulk explosives delivery truck. The text states that capital goods credit applies to plant, machinery, tools, apparatus and appliances installed in a factory, and that the statutory concept of factory under the Central Excise Act presupposes fixed premises where excisable goods are manufactured. On that basis, a movable unit could not be treated as a factory, so credit on the chassis and conveyance-linked parts was not admissible. The text also notes, as an alternative point, that duty liability could arise if the assembled unit itself were treated as excisable goods. en-us Tue, 17 Mar 1998 00:00:00 +0530 Mon, 19 Sep 2011 17:58:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88590 Modvat credit under Rule 57Q was examined in relation to chassis, engine and other components used to assemble a mobile bulk explosives delivery truck. The text states that capital goods credit applies to plant, machinery, tools, apparatus and appliances installed in a factory, and that the statutory concept of factory under the Central Excise Act presupposes fixed premises where excisable goods are manufactured. On that basis, a movable unit could not be treated as a factory, so credit on the chassis and conveyance-linked parts was not admissible. The text also notes, as an alternative point, that duty liability could arise if the assembled unit itself were treated as excisable goods. Case-Laws Central Excise Tue, 17 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88590