https://www.taxtmi.com/caselaws?id=103876 Rule 57Q was construed broadly to allow capital goods Modvat credit for items functionally used in or in relation to manufacture. Components, accessories, plant, equipment, tools, appliances and generating sets qualified where they served producing, processing, preparatory, intermediate or pollution-control functions in the factory. Applying the functional-use test, the tribunal treated the earlier cables-and-wires ruling as the governing principle and extended that reasoning to the disputed items used in cement manufacture. The disputed goods were therefore held eligible for Modvat credit, and the Revenue's challenge failed. en-us Tue, 01 Jan 2002 00:00:00 +0530 Fri, 24 Feb 2012 18:17:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103876 Rule 57Q was construed broadly to allow capital goods Modvat credit for items functionally used in or in relation to manufacture. Components, accessories, plant, equipment, tools, appliances and generating sets qualified where they served producing, processing, preparatory, intermediate or pollution-control functions in the factory. Applying the functional-use test, the tribunal treated the earlier cables-and-wires ruling as the governing principle and extended that reasoning to the disputed items used in cement manufacture. The disputed goods were therefore held eligible for Modvat credit, and the Revenue's challenge failed. Case-Laws Central Excise Tue, 01 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103876