https://www.taxtmi.com/caselaws?id=97853 The judge allowed the appeals, ruling that the Valve for Chlorine Cylinders was eligible for Modvat credit under Rule 57Q as capital goods. The valves were deemed essential for the manufacturing process, falling under Sr. No. 2 of the table appended to the rule. The judge emphasized coherence between Rule 57Q(1) provisions and table entries, concluding that since the valves were not part, spare, or accessory of specified goods but classified under CSH 8481.80, they qualified for Modvat credit. The decision provided relief to the appellants, allowing them to retain the credit. en-us Tue, 15 May 2001 00:00:00 +0530 Wed, 22 Feb 2012 19:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97853 The judge allowed the appeals, ruling that the Valve for Chlorine Cylinders was eligible for Modvat credit under Rule 57Q as capital goods. The valves were deemed essential for the manufacturing process, falling under Sr. No. 2 of the table appended to the rule. The judge emphasized coherence between Rule 57Q(1) provisions and table entries, concluding that since the valves were not part, spare, or accessory of specified goods but classified under CSH 8481.80, they qualified for Modvat credit. The decision provided relief to the appellants, allowing them to retain the credit. Case-Laws Central Excise Tue, 15 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97853