https://www.taxtmi.com/caselaws?id=95600 Modvat credit under Rule 57Q on PCB cards forming part of an electric control panel depends on whether the panel qualifies as capital goods used for producing or processing goods. The control panel regulated electricity supply to a furnace, raising a legal question whether it was used in manufacture within the capital-goods definition. Because the panel's eligibility had already been referred to the High Court, the same referable question extended to PCB cards as its parts. The Revenue's reference application was therefore allowed, leaving substantive credit eligibility for High Court determination. en-us Fri, 10 Mar 2000 00:00:00 +0530 Tue, 13 Dec 2011 16:48:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95600 Modvat credit under Rule 57Q on PCB cards forming part of an electric control panel depends on whether the panel qualifies as capital goods used for producing or processing goods. The control panel regulated electricity supply to a furnace, raising a legal question whether it was used in manufacture within the capital-goods definition. Because the panel's eligibility had already been referred to the High Court, the same referable question extended to PCB cards as its parts. The Revenue's reference application was therefore allowed, leaving substantive credit eligibility for High Court determination. Case-Laws Central Excise Fri, 10 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95600