https://www.taxtmi.com/caselaws?id=93668 Modvat credit under Rule 57Q was treated as admissible on UPS systems, their components, boost charges, batteries and capacitors because they were regarded as capital goods used in or in relation to manufacture. The reasoning extended credit beyond items that directly bring about a change in the goods, holding that components and accessories essential to continuous manufacturing operations and to protection of the electrical system also qualify. UPS was treated as functionally similar to a generating set when integrated with the manufacturing process, and capacitors were accepted for improving power factor and safeguarding the system. The amendment to the definition of capital goods was treated as clarificatory and retrospective, supporting the assessee's claim. en-us Wed, 30 Jun 1999 00:00:00 +0530 Wed, 16 Nov 2011 10:41:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93668 Modvat credit under Rule 57Q was treated as admissible on UPS systems, their components, boost charges, batteries and capacitors because they were regarded as capital goods used in or in relation to manufacture. The reasoning extended credit beyond items that directly bring about a change in the goods, holding that components and accessories essential to continuous manufacturing operations and to protection of the electrical system also qualify. UPS was treated as functionally similar to a generating set when integrated with the manufacturing process, and capacitors were accepted for improving power factor and safeguarding the system. The amendment to the definition of capital goods was treated as clarificatory and retrospective, supporting the assessee's claim. Case-Laws Central Excise Wed, 30 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93668