https://www.taxtmi.com/caselaws?id=89464 Essential equipment used in a paper board plant was treated as capital goods for Modvat credit because the expression "in the manufacture of goods" extends to machinery and operations used in or in relation to manufacture, even if they do not directly transform raw material. The stock pump, consistency level box and oscillating shower arrangement were therefore eligible, as they were integral to the production process. Credit on original invoices was also admissible where receipt and use of the goods were verified and the applicable notification supported such availment. On both issues, the Revenue's objections failed and the assessee's credit was upheld. en-us Thu, 19 Nov 1998 00:00:00 +0530 Tue, 27 Sep 2011 12:21:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89464 Essential equipment used in a paper board plant was treated as capital goods for Modvat credit because the expression "in the manufacture of goods" extends to machinery and operations used in or in relation to manufacture, even if they do not directly transform raw material. The stock pump, consistency level box and oscillating shower arrangement were therefore eligible, as they were integral to the production process. Credit on original invoices was also admissible where receipt and use of the goods were verified and the applicable notification supported such availment. On both issues, the Revenue's objections failed and the assessee's credit was upheld. Case-Laws Central Excise Thu, 19 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89464