https://www.taxtmi.com/caselaws?id=106178 Modvat credit on plain plates and rock wool used as construction material for fabrication of a chimney and storage tanks was not admissible as capital goods under Rule 57Q. The materials were treated as structural inputs, and prior Tribunal decisions had already held plates and angles used for similar fabrication to be ineligible for credit. On that reasoning, the items could not be classified as capital goods for Modvat purposes, and the credit claim failed. en-us Wed, 06 Mar 2002 00:00:00 +0530 Mon, 12 Mar 2012 18:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106178 Modvat credit on plain plates and rock wool used as construction material for fabrication of a chimney and storage tanks was not admissible as capital goods under Rule 57Q. The materials were treated as structural inputs, and prior Tribunal decisions had already held plates and angles used for similar fabrication to be ineligible for credit. On that reasoning, the items could not be classified as capital goods for Modvat purposes, and the credit claim failed. Case-Laws Central Excise Wed, 06 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106178