https://www.taxtmi.com/caselaws?id=98652 Modvat Credit was held admissible for Accmon LC-70, Automatic Grease Lubricating System, and Belt & Sway as capital goods or eligible inputs/components used in manufacture. Credit for Accmon LC-70 was supported by prior Tribunal precedent on refractory and lining materials used in kiln or furnace applications. The other items were treated as components, parts, or accessories of machinery employed in manufacture, falling within the relevant capital goods definition. The order granting credit was sustained and the revenue challenge was rejected. en-us Thu, 23 Aug 2001 00:00:00 +0530 Sat, 21 Jan 2012 14:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98652 Modvat Credit was held admissible for Accmon LC-70, Automatic Grease Lubricating System, and Belt & Sway as capital goods or eligible inputs/components used in manufacture. Credit for Accmon LC-70 was supported by prior Tribunal precedent on refractory and lining materials used in kiln or furnace applications. The other items were treated as components, parts, or accessories of machinery employed in manufacture, falling within the relevant capital goods definition. The order granting credit was sustained and the revenue challenge was rejected. Case-Laws Central Excise Thu, 23 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98652