https://www.taxtmi.com/caselaws?id=92173 Equipment used within the factory for handling raw materials and finished goods in the course of manufacture qualifies as capital goods for Modvat credit under Rule 57Q when it assists the manufacturing process. On that basis, a jib crane used for internal material handling was treated as eligible capital goods, and credit was not denied. The reasoning followed the Tribunal's earlier view that machinery, equipment, components, spares and accessories used for such handling fall within the provision as it stood during the relevant period. en-us Tue, 10 Aug 1999 00:00:00 +0530 Tue, 25 Oct 2011 12:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92173 Equipment used within the factory for handling raw materials and finished goods in the course of manufacture qualifies as capital goods for Modvat credit under Rule 57Q when it assists the manufacturing process. On that basis, a jib crane used for internal material handling was treated as eligible capital goods, and credit was not denied. The reasoning followed the Tribunal's earlier view that machinery, equipment, components, spares and accessories used for such handling fall within the provision as it stood during the relevant period. Case-Laws Central Excise Tue, 10 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92173