https://www.taxtmi.com/caselaws?id=104173 Items used in the manufacturing process and having a functional nexus with production were treated as capital goods eligible for Modvat credit under Rule 57Q. The Commissioner (Appeals) had item-wise found that the final product could not be manufactured without the disputed goods, and that approach was supported by the Larger Bench ruling in Jawahar Mills Ltd., later affirmed by the Supreme Court. Applying that binding principle, the commentary states that goods integrally connected with manufacture and falling within the capital goods definition qualify for credit, so the Revenue's challenge failed and the grant of Modvat credit was sustained. en-us Thu, 14 Mar 2002 00:00:00 +0530 Tue, 28 Feb 2012 11:13:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104173 Items used in the manufacturing process and having a functional nexus with production were treated as capital goods eligible for Modvat credit under Rule 57Q. The Commissioner (Appeals) had item-wise found that the final product could not be manufactured without the disputed goods, and that approach was supported by the Larger Bench ruling in Jawahar Mills Ltd., later affirmed by the Supreme Court. Applying that binding principle, the commentary states that goods integrally connected with manufacture and falling within the capital goods definition qualify for credit, so the Revenue's challenge failed and the grant of Modvat credit was sustained. Case-Laws Central Excise Thu, 14 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104173