https://www.taxtmi.com/caselaws?id=89899 Modvat credit under Rule 57Q of the Central Excise Rules, 1944 was claimed on machinery, components and accessories used in a sugar plant. The denial of credit was found insufficient because it rested on a cryptic conclusion that the items were not capital goods, without invoice-wise examination or detailed findings on whether each item was an identifiable machine or component part within the rule. As the admissibility of credit had not been determined item-wise on a proper factual basis, the matter was remitted for fresh adjudication with directions to examine each invoice and record specific findings on eligibility. en-us Thu, 15 Oct 1998 00:00:00 +0530 Fri, 30 Sep 2011 13:26:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89899 Modvat credit under Rule 57Q of the Central Excise Rules, 1944 was claimed on machinery, components and accessories used in a sugar plant. The denial of credit was found insufficient because it rested on a cryptic conclusion that the items were not capital goods, without invoice-wise examination or detailed findings on whether each item was an identifiable machine or component part within the rule. As the admissibility of credit had not been determined item-wise on a proper factual basis, the matter was remitted for fresh adjudication with directions to examine each invoice and record specific findings on eligibility. Case-Laws Central Excise Thu, 15 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89899