https://www.taxtmi.com/caselaws?id=92535 Modvat credit under Rule 57Q was held admissible on an electric motor, power cable, current drive and uninterrupted power supply system because the items were used in the manufacture and processing of final products and fell within Explanation 1 during the relevant period. The power cable was treated as part of the plant necessary for carrying on business, not a consumable item, and the other electrical items were also regarded as capital goods under the rule. The broader Tribunal interpretation of capital goods supported this view, and the Revenue's challenge failed. en-us Thu, 07 Oct 1999 00:00:00 +0530 Wed, 02 Nov 2011 13:01:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92535 Modvat credit under Rule 57Q was held admissible on an electric motor, power cable, current drive and uninterrupted power supply system because the items were used in the manufacture and processing of final products and fell within Explanation 1 during the relevant period. The power cable was treated as part of the plant necessary for carrying on business, not a consumable item, and the other electrical items were also regarded as capital goods under the rule. The broader Tribunal interpretation of capital goods supported this view, and the Revenue's challenge failed. Case-Laws Central Excise Thu, 07 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92535