https://www.taxtmi.com/caselaws?id=88781 Modvat credit under Rule 57Q was examined item-wise for equipment used in the manufacturing process. Measuring instruments, inverter and spares, differential pressure transmitters, programmable logic controller, regulating devices, system cable, boiler furnace sheet and fan coil unit were treated as capital goods because they were used for monitoring, controlling, maintaining process conditions, and facilitating efficient manufacture; credit was admissible on those items. Mercury in steel dial thermometer was distinguished from the other instruments and, following the earlier view, was treated as not qualifying as capital goods; credit was inadmissible on that item. en-us Tue, 10 Mar 1998 00:00:00 +0530 Wed, 21 Sep 2011 12:43:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88781 Modvat credit under Rule 57Q was examined item-wise for equipment used in the manufacturing process. Measuring instruments, inverter and spares, differential pressure transmitters, programmable logic controller, regulating devices, system cable, boiler furnace sheet and fan coil unit were treated as capital goods because they were used for monitoring, controlling, maintaining process conditions, and facilitating efficient manufacture; credit was admissible on those items. Mercury in steel dial thermometer was distinguished from the other instruments and, following the earlier view, was treated as not qualifying as capital goods; credit was inadmissible on that item. Case-Laws Central Excise Tue, 10 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88781