https://www.taxtmi.com/caselaws?id=94500 Electric motor, LT power capacitor, static converter supply transformer and related electrical goods were treated as capital goods for modvat credit under Rule 57Q of the Central Excise Rules. The interpretation of the Explanation to Rule 57Q(1), applied in light of the Larger Bench ruling in Jawahar Mills Ltd., extended the capital goods category to items used in connection with the manufacturing process. On that basis, the Revenue's objections failed and the allowance of modvat credit on the disputed items was sustained. en-us Tue, 21 Dec 1999 00:00:00 +0530 Wed, 23 Nov 2011 10:34:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94500 Electric motor, LT power capacitor, static converter supply transformer and related electrical goods were treated as capital goods for modvat credit under Rule 57Q of the Central Excise Rules. The interpretation of the Explanation to Rule 57Q(1), applied in light of the Larger Bench ruling in Jawahar Mills Ltd., extended the capital goods category to items used in connection with the manufacturing process. On that basis, the Revenue's objections failed and the allowance of modvat credit on the disputed items was sustained. Case-Laws Central Excise Tue, 21 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94500