https://www.taxtmi.com/caselaws?id=106505 M.S. tubes used in the cement manufacturing process were treated as capital goods eligible for Modvat credit under Rule 57Q because they served a functional role in water supply for the compressor house and cement mill. A narrow denial on the ground that the tubes were not machinery, equipment, tools, appliances, or related parts was found to lack rational basis. The interpretation of capital goods was applied in line with the cited Supreme Court approach, and the disallowance of credit was therefore unsustainable. en-us Tue, 03 Sep 2002 00:00:00 +0530 Wed, 14 Mar 2012 15:17:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106505 M.S. tubes used in the cement manufacturing process were treated as capital goods eligible for Modvat credit under Rule 57Q because they served a functional role in water supply for the compressor house and cement mill. A narrow denial on the ground that the tubes were not machinery, equipment, tools, appliances, or related parts was found to lack rational basis. The interpretation of capital goods was applied in line with the cited Supreme Court approach, and the disallowance of credit was therefore unsustainable. Case-Laws Central Excise Tue, 03 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106505