https://www.taxtmi.com/caselaws?id=99451 Tools were not eligible for Modvat credit as inputs under Rule 57A because the rule contained its own definition of inputs and its Explanation expressly excluded tools during the relevant period. Exclusion from the capital goods category under Rule 57Q did not by itself create eligibility under Rule 57A, since credit entitlement had to be tested independently under that provision. The assessee's claim therefore failed. en-us Fri, 16 Feb 2001 00:00:00 +0530 Fri, 27 Jan 2012 13:26:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99451 Tools were not eligible for Modvat credit as inputs under Rule 57A because the rule contained its own definition of inputs and its Explanation expressly excluded tools during the relevant period. Exclusion from the capital goods category under Rule 57Q did not by itself create eligibility under Rule 57A, since credit entitlement had to be tested independently under that provision. The assessee's claim therefore failed. Case-Laws Central Excise Fri, 16 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99451