https://www.taxtmi.com/caselaws?id=90878 Credit eligibility under Rule 57Q and Modvat principles was examined for several plant-related items. Nuts, bolts, screws and similar fasteners were not shown prima facie to have the required nexus with capital goods, so credit was not accepted on that item. Earthing wires and related electrical equipment were treated as part of the plant's electrical system and prima facie eligible. Molecular sieves were held to be inputs, not capital goods, but eligible under Rule 57A. Transformers and accessories were also treated as prima facie eligible because the capacity-based restriction arose from a later amendment. Weighbridge parts and gas turbine parts were similarly covered, and stay was granted subject to maintenance of unutilised credit. en-us Thu, 25 Feb 1999 00:00:00 +0530 Wed, 12 Oct 2011 12:32:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90878 Credit eligibility under Rule 57Q and Modvat principles was examined for several plant-related items. Nuts, bolts, screws and similar fasteners were not shown prima facie to have the required nexus with capital goods, so credit was not accepted on that item. Earthing wires and related electrical equipment were treated as part of the plant's electrical system and prima facie eligible. Molecular sieves were held to be inputs, not capital goods, but eligible under Rule 57A. Transformers and accessories were also treated as prima facie eligible because the capacity-based restriction arose from a later amendment. Weighbridge parts and gas turbine parts were similarly covered, and stay was granted subject to maintenance of unutilised credit. Case-Laws Central Excise Thu, 25 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90878