https://www.taxtmi.com/caselaws?id=93208 Steel tubes forming an essential part of a winding machine used in manufacturing HDPE/PP woven bags were treated as capital goods because they had a direct and significant role in the production process, so Modvat credit under Rule 57Q was admissible. Invoices bearing computer-printed serial numbers were accepted as valid duty-paying documents because the goods were admittedly duty-paid and received for manufacture, and serial numbering was satisfied in substance despite the absence of pre-printed numbers, so credit under Rule 52A could not be denied on that ground. The disallowance of Modvat credit was therefore unsustainable on both issues. en-us Mon, 06 Dec 1999 00:00:00 +0530 Wed, 09 Nov 2011 10:56:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93208 Steel tubes forming an essential part of a winding machine used in manufacturing HDPE/PP woven bags were treated as capital goods because they had a direct and significant role in the production process, so Modvat credit under Rule 57Q was admissible. Invoices bearing computer-printed serial numbers were accepted as valid duty-paying documents because the goods were admittedly duty-paid and received for manufacture, and serial numbering was satisfied in substance despite the absence of pre-printed numbers, so credit under Rule 52A could not be denied on that ground. The disallowance of Modvat credit was therefore unsustainable on both issues. Case-Laws Central Excise Mon, 06 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93208