https://www.taxtmi.com/caselaws?id=94674 Goods used in connection with a UPS system and for measuring and monitoring machine vibration were treated as capital goods under Rule 57Q of the Central Excise Rules, 1944. The Larger Bench interpretation of the Explanation to Rule 57Q(1) brought such items within the capital goods definition, and the Revenue's earlier authorities were not followed after that ruling. Modvat credit was therefore available on the disputed goods, and the Revenue's challenge failed. en-us Wed, 29 Dec 1999 00:00:00 +0530 Fri, 02 Dec 2011 18:34:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94674 Goods used in connection with a UPS system and for measuring and monitoring machine vibration were treated as capital goods under Rule 57Q of the Central Excise Rules, 1944. The Larger Bench interpretation of the Explanation to Rule 57Q(1) brought such items within the capital goods definition, and the Revenue's earlier authorities were not followed after that ruling. Modvat credit was therefore available on the disputed goods, and the Revenue's challenge failed. Case-Laws Central Excise Wed, 29 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94674