https://www.taxtmi.com/caselaws?id=93162 Modvat credit under Rule 57Q was held admissible on tubes, pipes and fittings used to convey liquids, as they were integral to the plant and continuous manufacturing flow. Credit was also allowed for furnace spare parts and components because eligibility depended on their use as capital goods, not on a tariff classification dispute. Compressed asbestos fibre jointing sheets qualified as capital goods since they prevented leakage and supported smooth plant operation. Nuts, bolts and man-hole covers were treated as parts of eligible equipment used in chlorine storage. Credit on terminal stamp could not be denied merely because of an input-stage classification dispute, and the grant of credit was sustained in full. en-us Sat, 17 Jul 1999 00:00:00 +0530 Tue, 08 Nov 2011 16:45:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93162 Modvat credit under Rule 57Q was held admissible on tubes, pipes and fittings used to convey liquids, as they were integral to the plant and continuous manufacturing flow. Credit was also allowed for furnace spare parts and components because eligibility depended on their use as capital goods, not on a tariff classification dispute. Compressed asbestos fibre jointing sheets qualified as capital goods since they prevented leakage and supported smooth plant operation. Nuts, bolts and man-hole covers were treated as parts of eligible equipment used in chlorine storage. Credit on terminal stamp could not be denied merely because of an input-stage classification dispute, and the grant of credit was sustained in full. Case-Laws Central Excise Sat, 17 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93162