https://www.taxtmi.com/caselaws?id=91305 Modvat credit under Rule 57Q was admissible on caustic soda flakes, cooling tower components and voltage stabilisers used within the factory in manufacturing the final product. The Tribunal treated the goods as capital goods or manufacturing equipment, relying on earlier decisions that plant items used in the production process satisfy the credit test. It also applied the beneficial nature of Modvat provisions to avoid cascading of duty. Denial of credit by the lower authorities was held unsustainable. en-us Mon, 21 Dec 1998 00:00:00 +0530 Mon, 17 Oct 2011 12:09:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91305 Modvat credit under Rule 57Q was admissible on caustic soda flakes, cooling tower components and voltage stabilisers used within the factory in manufacturing the final product. The Tribunal treated the goods as capital goods or manufacturing equipment, relying on earlier decisions that plant items used in the production process satisfy the credit test. It also applied the beneficial nature of Modvat provisions to avoid cascading of duty. Denial of credit by the lower authorities was held unsustainable. Case-Laws Central Excise Mon, 21 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91305