https://www.taxtmi.com/caselaws?id=106112 Modvat credit under Rule 57Q was treated as admissible for items functionally used in or in relation to manufacture, including plant maintenance and safety components. Rubber sheets used as gaskets, steel plates used in production-related activity, rupture disc serving a safety function for chlorine storage tanks, cylinder valves, spindles and chlorine cylinders connected with the cylinder system, and aluminium anode and cables used in the manufacturing setup were all accepted as eligible capital goods or related inputs. The ruling applied the functional use test rather than nomenclature and followed earlier Tribunal and Supreme Court-backed authority on capital goods eligibility. en-us Mon, 31 Dec 2001 00:00:00 +0530 Mon, 12 Mar 2012 16:36:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106112 Modvat credit under Rule 57Q was treated as admissible for items functionally used in or in relation to manufacture, including plant maintenance and safety components. Rubber sheets used as gaskets, steel plates used in production-related activity, rupture disc serving a safety function for chlorine storage tanks, cylinder valves, spindles and chlorine cylinders connected with the cylinder system, and aluminium anode and cables used in the manufacturing setup were all accepted as eligible capital goods or related inputs. The ruling applied the functional use test rather than nomenclature and followed earlier Tribunal and Supreme Court-backed authority on capital goods eligibility. Case-Laws Central Excise Mon, 31 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106112