https://www.taxtmi.com/caselaws?id=97449 Capital goods credit under Rule 57Q was available for electric wires and cables used to supply power to machinery, because they fell within the wider concept of plant, and for the speed variator, which qualified as capital goods. Credit was not available for the limit switch and M.C.B. because their use in producing or processing goods was not substantiated. The penalty was set aside in the circumstances of the case. en-us Fri, 09 Jul 1999 00:00:00 +0530 Mon, 16 Jan 2012 17:18:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97449 Capital goods credit under Rule 57Q was available for electric wires and cables used to supply power to machinery, because they fell within the wider concept of plant, and for the speed variator, which qualified as capital goods. Credit was not available for the limit switch and M.C.B. because their use in producing or processing goods was not substantiated. The penalty was set aside in the circumstances of the case. Case-Laws Central Excise Fri, 09 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97449