https://www.taxtmi.com/caselaws?id=92780 Steel wire rope used as part of material handling equipment was treated as eligible for Modvat credit under Rule 57Q because equipment used to move raw material or components within the manufacturing process could fall within the scope of capital goods. Earlier Tribunal authority and the Larger Bench view in Jawahar Mills supported a construction of the relevant explanation based on the language in force at the material time. The Revenue's reliance on a different decision was distinguished because it concerned different items and did not address the present type of material handling equipment. Credit was therefore allowed and the assessee succeeded. en-us Thu, 28 Oct 1999 00:00:00 +0530 Sat, 05 Nov 2011 10:46:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92780 Steel wire rope used as part of material handling equipment was treated as eligible for Modvat credit under Rule 57Q because equipment used to move raw material or components within the manufacturing process could fall within the scope of capital goods. Earlier Tribunal authority and the Larger Bench view in Jawahar Mills supported a construction of the relevant explanation based on the language in force at the material time. The Revenue's reliance on a different decision was distinguished because it concerned different items and did not address the present type of material handling equipment. Credit was therefore allowed and the assessee succeeded. Case-Laws Central Excise Thu, 28 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92780