https://www.taxtmi.com/caselaws?id=93628 Exhaust fans received and used in the factory were treated as capital goods for Modvat credit under Rule 57Q(1) because they satisfied the principal requirement of the rule and were not included in the exclusion list under Explanation 1, Clause (aa). On that basis, denial of credit was unsustainable and the fans qualified for Modvat credit. en-us Mon, 05 Jun 2000 00:00:00 +0530 Mon, 14 Nov 2011 17:21:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93628 Exhaust fans received and used in the factory were treated as capital goods for Modvat credit under Rule 57Q(1) because they satisfied the principal requirement of the rule and were not included in the exclusion list under Explanation 1, Clause (aa). On that basis, denial of credit was unsustainable and the fans qualified for Modvat credit. Case-Laws Central Excise Mon, 05 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93628