https://www.taxtmi.com/caselaws?id=96180 Modvat credit under Rule 57Q was considered for items claimed as spare or replacement parts of capital goods already installed in the factory. The adjudicating authority had denied credit without meaningful examination of the goods or the basis of denial. The appellate authority treated items such as electric motors, gear boxes, communicating belts and pressure gauges as eligible capital goods-related components, relying on the definition of capital goods and earlier Tribunal decisions. As the record showed no effective rebuttal to the claim that the disputed items were spare or replacement parts of accepted capital goods, entitlement to credit was upheld and the appeal failed. en-us Thu, 10 May 2001 00:00:00 +0530 Sat, 17 Dec 2011 17:52:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96180 Modvat credit under Rule 57Q was considered for items claimed as spare or replacement parts of capital goods already installed in the factory. The adjudicating authority had denied credit without meaningful examination of the goods or the basis of denial. The appellate authority treated items such as electric motors, gear boxes, communicating belts and pressure gauges as eligible capital goods-related components, relying on the definition of capital goods and earlier Tribunal decisions. As the record showed no effective rebuttal to the claim that the disputed items were spare or replacement parts of accepted capital goods, entitlement to credit was upheld and the appeal failed. Case-Laws Central Excise Thu, 10 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96180