https://www.taxtmi.com/caselaws?id=91832 Electrical and electronic items used for transmission, distribution and control of electricity, and for making or breaking circuits and monitoring system parameters, were held to qualify as capital goods under Rule 57Q. The denial of Modvat credit based on the view that the goods did not themselves bring about a change in any substance or directly participate in manufacture was rejected, as the Larger Bench approach treated control panels, transformers and similar equipment used to transmit and control electricity as covered by the rule. The disputed items were therefore entitled to Modvat credit and the impugned order was set aside. en-us Fri, 28 May 1999 00:00:00 +0530 Fri, 21 Oct 2011 12:57:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91832 Electrical and electronic items used for transmission, distribution and control of electricity, and for making or breaking circuits and monitoring system parameters, were held to qualify as capital goods under Rule 57Q. The denial of Modvat credit based on the view that the goods did not themselves bring about a change in any substance or directly participate in manufacture was rejected, as the Larger Bench approach treated control panels, transformers and similar equipment used to transmit and control electricity as covered by the rule. The disputed items were therefore entitled to Modvat credit and the impugned order was set aside. Case-Laws Central Excise Fri, 28 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91832