https://www.taxtmi.com/caselaws?id=92687 Starter coil and coils were treated as capital goods eligible for Modvat credit under Rule 57Q of the Central Excise Rules even before 16-3-1995. The Tribunal applied the Larger Bench ruling in Jawahar Mills Ltd., which construed capital goods broadly to include machines, plants, tools and appliances used for producing or processing goods for manufacture of the final product. On that interpretation, the later expansion by Notifications No. 11/95-C.E. and 14/96-C.E. was not necessary for such items to qualify. The Revenue's appeal therefore failed. en-us Thu, 10 Jun 1999 00:00:00 +0530 Fri, 04 Nov 2011 13:25:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92687 Starter coil and coils were treated as capital goods eligible for Modvat credit under Rule 57Q of the Central Excise Rules even before 16-3-1995. The Tribunal applied the Larger Bench ruling in Jawahar Mills Ltd., which construed capital goods broadly to include machines, plants, tools and appliances used for producing or processing goods for manufacture of the final product. On that interpretation, the later expansion by Notifications No. 11/95-C.E. and 14/96-C.E. was not necessary for such items to qualify. The Revenue's appeal therefore failed. Case-Laws Central Excise Thu, 10 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92687