https://www.taxtmi.com/caselaws?id=105690 Rule 57Q confines Modvat credit for parts, components and spares to the specific categories of capital goods listed in the table. On that basis, flat spring claimed as a part of dies was held ineligible because dies are separately enumerated and the rule does not extend the benefit to parts of that distinct entry. By contrast, the loaded source required fresh scrutiny of its nature, function and role in the manufacturing process, because the lower authorities had not examined whether it formed part of the measuring instrument or otherwise met the definition of capital goods. The flat spring claim failed, while the loaded source issue was remanded for de novo consideration. en-us Tue, 20 Aug 2002 00:00:00 +0530 Wed, 07 Mar 2012 11:27:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105690 Rule 57Q confines Modvat credit for parts, components and spares to the specific categories of capital goods listed in the table. On that basis, flat spring claimed as a part of dies was held ineligible because dies are separately enumerated and the rule does not extend the benefit to parts of that distinct entry. By contrast, the loaded source required fresh scrutiny of its nature, function and role in the manufacturing process, because the lower authorities had not examined whether it formed part of the measuring instrument or otherwise met the definition of capital goods. The flat spring claim failed, while the loaded source issue was remanded for de novo consideration. Case-Laws Central Excise Tue, 20 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105690