https://www.taxtmi.com/caselaws?id=92408 Items used in the manufacturing process can qualify as capital goods for Modvat credit where they are not limited to the main production apparatus but also serve processing or ancillary processing functions. Applying that principle, the Tribunal treated the muffle furnace, auto load sharing panel, spares and testing equipment parts, and related connectors as capital goods because their use in manufacture brought them within Rule 57Q. Modvat credit was therefore allowed on those items. en-us Thu, 26 Aug 1999 00:00:00 +0530 Tue, 01 Nov 2011 14:54:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92408 Items used in the manufacturing process can qualify as capital goods for Modvat credit where they are not limited to the main production apparatus but also serve processing or ancillary processing functions. Applying that principle, the Tribunal treated the muffle furnace, auto load sharing panel, spares and testing equipment parts, and related connectors as capital goods because their use in manufacture brought them within Rule 57Q. Modvat credit was therefore allowed on those items. Case-Laws Central Excise Thu, 26 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92408