https://www.taxtmi.com/caselaws?id=100639 Rail Castings, Roller Castings and Tray Castings were treated as eligible for Modvat credit as capital goods where they functionally formed part of the furnace used in the heat-treatment process. The decisive point was their established role in the machinery: the trays moved in and out on railings for carrying the final product, and the Revenue produced no technical literature or other evidence to displace the finding that they were furnace parts. The accompanying circular position was that parts of specific goods may qualify for Modvat credit even if their individual tariff heading is different, provided their functional connection with the machinery is shown. en-us Mon, 10 Sep 2001 00:00:00 +0530 Fri, 03 Feb 2012 16:45:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100639 Rail Castings, Roller Castings and Tray Castings were treated as eligible for Modvat credit as capital goods where they functionally formed part of the furnace used in the heat-treatment process. The decisive point was their established role in the machinery: the trays moved in and out on railings for carrying the final product, and the Revenue produced no technical literature or other evidence to displace the finding that they were furnace parts. The accompanying circular position was that parts of specific goods may qualify for Modvat credit even if their individual tariff heading is different, provided their functional connection with the machinery is shown. Case-Laws Central Excise Mon, 10 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100639