https://www.taxtmi.com/caselaws?id=103725 Modvat credit was considered available on capital goods used in mining ores, because the Tribunal applied the Supreme Court's broad reading of the Modvat scheme. It noted that Rule 57A had already been interpreted to cover inputs used in relation to manufacture, whether directly or indirectly, and not only within factory premises. The Tribunal extended that reasoning to the capital goods provisions and treated the same principle as applicable in the present matters. Credit was therefore allowed in favour of the assessee on the basis of that wider construction of the scheme. en-us Thu, 18 Oct 2001 00:00:00 +0530 Fri, 24 Feb 2012 14:27:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103725 Modvat credit was considered available on capital goods used in mining ores, because the Tribunal applied the Supreme Court's broad reading of the Modvat scheme. It noted that Rule 57A had already been interpreted to cover inputs used in relation to manufacture, whether directly or indirectly, and not only within factory premises. The Tribunal extended that reasoning to the capital goods provisions and treated the same principle as applicable in the present matters. Credit was therefore allowed in favour of the assessee on the basis of that wider construction of the scheme. Case-Laws Central Excise Thu, 18 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103725