https://www.taxtmi.com/caselaws?id=98117 High Pressure Water Jetting Pumps and spares used as accessories to an evaporator in a chemical recovery plant were treated as capital goods eligible for Modvat credit under Rule 57Q. The Tribunal noted that the goods were classifiable under sub-heading 8424.90, but accepted that accessories to machinery qualifying under clause (d) of Explanation (1) to Rule 57Q fall within the capital goods definition. It relied on the Board's circular extending credit to parts, components and accessories used with eligible capital goods, and followed earlier Tribunal authority on similar facts. The pumps and spares were therefore covered by clause (d) and credit was available. en-us Wed, 08 Dec 1999 00:00:00 +0530 Thu, 19 Jan 2012 12:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98117 High Pressure Water Jetting Pumps and spares used as accessories to an evaporator in a chemical recovery plant were treated as capital goods eligible for Modvat credit under Rule 57Q. The Tribunal noted that the goods were classifiable under sub-heading 8424.90, but accepted that accessories to machinery qualifying under clause (d) of Explanation (1) to Rule 57Q fall within the capital goods definition. It relied on the Board's circular extending credit to parts, components and accessories used with eligible capital goods, and followed earlier Tribunal authority on similar facts. The pumps and spares were therefore covered by clause (d) and credit was available. Case-Laws Central Excise Wed, 08 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98117