https://www.taxtmi.com/caselaws?id=103643 Capital goods for Modvat credit were construed broadly to include machines, machinery, plant, equipment, apparatus, tools or appliances used for producing or processing goods or bringing about a change in any substance for manufacture, and their components, spare parts and accessories when used for those purposes. On the facts, the appellate authority found that the disputed items were used in production or processing of the final product, and that finding was not controverted. The items were therefore rightly treated as eligible capital goods for Modvat credit, and the revenue's challenge failed. en-us Wed, 05 Sep 2001 00:00:00 +0530 Fri, 24 Feb 2012 11:35:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103643 Capital goods for Modvat credit were construed broadly to include machines, machinery, plant, equipment, apparatus, tools or appliances used for producing or processing goods or bringing about a change in any substance for manufacture, and their components, spare parts and accessories when used for those purposes. On the facts, the appellate authority found that the disputed items were used in production or processing of the final product, and that finding was not controverted. The items were therefore rightly treated as eligible capital goods for Modvat credit, and the revenue's challenge failed. Case-Laws Central Excise Wed, 05 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103643