https://www.taxtmi.com/caselaws?id=104278 Modvat credit under Rule 57Q was treated as admissible on duty-paid spares used in reconditioning or refurbishing machinery, provided the parts were incorporated into machinery used as capital goods and otherwise satisfied the rule. The fact that the spares were fitted outside the assessee's factory was not considered decisive, because location of fitting alone did not defeat eligibility for credit. The restrictive view denying credit on that ground was rejected, and the assessee was stated to be entitled to consequential relief. en-us Fri, 09 Aug 2002 00:00:00 +0530 Tue, 28 Feb 2012 15:06:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104278 Modvat credit under Rule 57Q was treated as admissible on duty-paid spares used in reconditioning or refurbishing machinery, provided the parts were incorporated into machinery used as capital goods and otherwise satisfied the rule. The fact that the spares were fitted outside the assessee's factory was not considered decisive, because location of fitting alone did not defeat eligibility for credit. The restrictive view denying credit on that ground was rejected, and the assessee was stated to be entitled to consequential relief. Case-Laws Central Excise Fri, 09 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104278