https://www.taxtmi.com/caselaws?id=104196 Modvat credit under Rule 57Q was admissible on MS angles used as integral parts of a furnace stand because the furnace could not be manufactured without the stand, and the furnace itself was treated as capital goods. The same principle extended to welding electrodes, fuses, relays and other electrical parts, as the Tribunal applied the Larger Bench ruling in Jawahar Mills Ltd., affirmed by the Supreme Court, which recognised such electrical goods as capital goods. Credit was therefore held allowable on the disputed items, and the assessee's claim succeeded. en-us Wed, 10 Apr 2002 00:00:00 +0530 Tue, 28 Feb 2012 12:09:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104196 Modvat credit under Rule 57Q was admissible on MS angles used as integral parts of a furnace stand because the furnace could not be manufactured without the stand, and the furnace itself was treated as capital goods. The same principle extended to welding electrodes, fuses, relays and other electrical parts, as the Tribunal applied the Larger Bench ruling in Jawahar Mills Ltd., affirmed by the Supreme Court, which recognised such electrical goods as capital goods. Credit was therefore held allowable on the disputed items, and the assessee's claim succeeded. Case-Laws Central Excise Wed, 10 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104196