https://www.taxtmi.com/caselaws?id=108177 Modvat credit under Rule 57Q was held admissible on a spectrometer, transformer and electric control panel as capital goods used in relation to manufacture. The spectrometer, used to measure wavelength and determine hardness and molecular composition of steel, was treated as a testing and measuring instrument qualifying for credit. The transformer, which regulated electricity supply to individual machines, was regarded as goods used for producing or processing excisable goods. The electric control panel, containing switches, fuses and circuit breakers for electrical circuits, was covered by the same capital goods principle applied under the Tribunal's larger bench ruling. Credit was therefore allowed on all three items. en-us Fri, 05 Oct 2001 00:00:00 +0530 Fri, 30 Mar 2012 13:59:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108177 Modvat credit under Rule 57Q was held admissible on a spectrometer, transformer and electric control panel as capital goods used in relation to manufacture. The spectrometer, used to measure wavelength and determine hardness and molecular composition of steel, was treated as a testing and measuring instrument qualifying for credit. The transformer, which regulated electricity supply to individual machines, was regarded as goods used for producing or processing excisable goods. The electric control panel, containing switches, fuses and circuit breakers for electrical circuits, was covered by the same capital goods principle applied under the Tribunal's larger bench ruling. Credit was therefore allowed on all three items. Case-Laws Central Excise Fri, 05 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108177