https://www.taxtmi.com/caselaws?id=92990 Rule 57Q was interpreted broadly to determine whether electrical machinery and parts of electrical machinery qualified as capital goods for Modvat credit. Applying the Larger Bench ruling in Jawahar Mills, the Tribunal treated machines, machinery, plant, equipment, apparatus, tools and appliances used in a factory for manufacture of final products as falling within the capital goods definition, and read the specific items in clause (d) as illustrative rather than restrictive. On that basis, the electrical machinery and related parts were covered by the rule, and Modvat credit was held admissible. en-us Wed, 21 Jul 1999 00:00:00 +0530 Mon, 07 Nov 2011 15:35:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92990 Rule 57Q was interpreted broadly to determine whether electrical machinery and parts of electrical machinery qualified as capital goods for Modvat credit. Applying the Larger Bench ruling in Jawahar Mills, the Tribunal treated machines, machinery, plant, equipment, apparatus, tools and appliances used in a factory for manufacture of final products as falling within the capital goods definition, and read the specific items in clause (d) as illustrative rather than restrictive. On that basis, the electrical machinery and related parts were covered by the rule, and Modvat credit was held admissible. Case-Laws Central Excise Wed, 21 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92990