https://www.taxtmi.com/caselaws?id=98610 PVC cables, servo regulators, overload relays, circuit breakers and parts of motors were treated as capital goods because they were used to connect machinery to power, function as motor spares, or protect equipment from voltage fluctuation and overloading; Modvat credit was therefore admissible under Rule 57Q. Lubricants and greases were also held eligible because they ensured smooth and convenient functioning of machinery and were used in or in relation to manufacture, even though not directly involved in the production process; credit was admissible under Rule 57A. The Revenue's challenge failed and entitlement to Modvat credit on the disputed items was upheld. en-us Thu, 02 Aug 2001 00:00:00 +0530 Sat, 21 Jan 2012 12:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98610 PVC cables, servo regulators, overload relays, circuit breakers and parts of motors were treated as capital goods because they were used to connect machinery to power, function as motor spares, or protect equipment from voltage fluctuation and overloading; Modvat credit was therefore admissible under Rule 57Q. Lubricants and greases were also held eligible because they ensured smooth and convenient functioning of machinery and were used in or in relation to manufacture, even though not directly involved in the production process; credit was admissible under Rule 57A. The Revenue's challenge failed and entitlement to Modvat credit on the disputed items was upheld. Case-Laws Central Excise Thu, 02 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98610