https://www.taxtmi.com/caselaws?id=104128 Aluminium sheets classified under Chapter 76 were held not to qualify as capital goods for Modvat credit under Rule 57Q of the Central Excise Rules, 1944 because the rule confined eligibility to the prescribed chapters, and Chapter 76 was not included. As a result, aluminium sheets under sub-heading 7600.20 were ineligible for credit, the assessee's claim failed, and the order granting Modvat credit was set aside. The stated principle is that goods falling outside the chapters or items specified in the capital goods definition under Rule 57Q do not qualify for Modvat credit. en-us Fri, 15 Feb 2002 00:00:00 +0530 Mon, 27 Feb 2012 18:08:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104128 Aluminium sheets classified under Chapter 76 were held not to qualify as capital goods for Modvat credit under Rule 57Q of the Central Excise Rules, 1944 because the rule confined eligibility to the prescribed chapters, and Chapter 76 was not included. As a result, aluminium sheets under sub-heading 7600.20 were ineligible for credit, the assessee's claim failed, and the order granting Modvat credit was set aside. The stated principle is that goods falling outside the chapters or items specified in the capital goods definition under Rule 57Q do not qualify for Modvat credit. Case-Laws Central Excise Fri, 15 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104128