https://www.taxtmi.com/caselaws?id=89399 Capital goods under Rule 57Q qualified for Modvat credit where the items had direct use in manufacture and an integral nexus with the continuous production process; items used in sugar and distillery operations satisfied that test and credit was upheld. Modvat credit on piston rings for compressors was denied because the required declaration had not been filed, and non-compliance with that statutory condition was treated as fatal for that item. The earlier decision cited by the assessee was distinguished on its facts and did not displace the declaration requirement applicable under the Modvat scheme. en-us Tue, 13 Oct 1998 00:00:00 +0530 Mon, 26 Sep 2011 18:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89399 Capital goods under Rule 57Q qualified for Modvat credit where the items had direct use in manufacture and an integral nexus with the continuous production process; items used in sugar and distillery operations satisfied that test and credit was upheld. Modvat credit on piston rings for compressors was denied because the required declaration had not been filed, and non-compliance with that statutory condition was treated as fatal for that item. The earlier decision cited by the assessee was distinguished on its facts and did not displace the declaration requirement applicable under the Modvat scheme. Case-Laws Central Excise Tue, 13 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89399