https://www.taxtmi.com/caselaws?id=97810 Modvat credit as capital goods was held admissible for centrifugal pumps, globe valves, multicribe recorders and oil hoses/heating equipment used in processing organic chemicals. The items were treated as machinery, equipment or parts covered by the capital goods definition under Section 57Q of the Central Excise Rules because they were used in producing or processing the final product, or in bringing about a change in substance for manufacture. On that basis, the disputed goods qualified for credit and the revenue's appeal was rejected. en-us Thu, 19 Apr 2001 00:00:00 +0530 Wed, 18 Jan 2012 11:45:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97810 Modvat credit as capital goods was held admissible for centrifugal pumps, globe valves, multicribe recorders and oil hoses/heating equipment used in processing organic chemicals. The items were treated as machinery, equipment or parts covered by the capital goods definition under Section 57Q of the Central Excise Rules because they were used in producing or processing the final product, or in bringing about a change in substance for manufacture. On that basis, the disputed goods qualified for credit and the revenue's appeal was rejected. Case-Laws Central Excise Thu, 19 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97810