https://www.taxtmi.com/caselaws?id=97452 Modvat credit under Rule 57Q was held admissible for cables and air break contactors because, applying the wider functional ambit of capital goods recognised in Jawahar Mills, the items were not to be denied credit merely for not directly processing the final product. REDN-O-Type was not conclusively dealt with by the adjudicating authority, so its eligibility for credit required fresh examination on merits. Penalty was deleted because the dispute involved interpretation of the Modvat provision and no mala fides were found in the credit claim. en-us Wed, 14 Jul 1999 00:00:00 +0530 Mon, 16 Jan 2012 17:24:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97452 Modvat credit under Rule 57Q was held admissible for cables and air break contactors because, applying the wider functional ambit of capital goods recognised in Jawahar Mills, the items were not to be denied credit merely for not directly processing the final product. REDN-O-Type was not conclusively dealt with by the adjudicating authority, so its eligibility for credit required fresh examination on merits. Penalty was deleted because the dispute involved interpretation of the Modvat provision and no mala fides were found in the credit claim. Case-Laws Central Excise Wed, 14 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97452