https://www.taxtmi.com/caselaws?id=103686 Replacement iron sheets used on a converter platform were held not to qualify as capital goods under Rule 57Q because they were merely substitutes for worn-out platform sheets and not original components, spares or accessories of the converter; denial of credit on that basis was upheld. Asbestos yarn used as an insulating wrap over pipes was also held not to be pipe fittings under Rule 57Q, since fittings refer to items such as bends, T-joints and sockets; denial of credit on that basis was likewise upheld. The lower appellate authority had not examined the alternative claim that the goods could qualify as inputs under Rule 57A, so the order was set aside and the matter remanded for consideration of that plea. en-us Thu, 04 Oct 2001 00:00:00 +0530 Fri, 24 Feb 2012 12:57:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103686 Replacement iron sheets used on a converter platform were held not to qualify as capital goods under Rule 57Q because they were merely substitutes for worn-out platform sheets and not original components, spares or accessories of the converter; denial of credit on that basis was upheld. Asbestos yarn used as an insulating wrap over pipes was also held not to be pipe fittings under Rule 57Q, since fittings refer to items such as bends, T-joints and sockets; denial of credit on that basis was likewise upheld. The lower appellate authority had not examined the alternative claim that the goods could qualify as inputs under Rule 57A, so the order was set aside and the matter remanded for consideration of that plea. Case-Laws Central Excise Thu, 04 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103686