https://www.taxtmi.com/caselaws?id=108471 The Tribunal affirmed the eligibility of Modvat credit for an air-conditioning unit used in the factory's control room, considering it a capital good under Rule 57Q. The decision emphasized the equipment's specific usage context in determining credit eligibility, ruling in favor of the respondent and rejecting the revenue's appeal. en-us Fri, 04 Apr 2003 00:00:00 +0530 Sat, 31 Mar 2012 17:27:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108471 The Tribunal affirmed the eligibility of Modvat credit for an air-conditioning unit used in the factory's control room, considering it a capital good under Rule 57Q. The decision emphasized the equipment's specific usage context in determining credit eligibility, ruling in favor of the respondent and rejecting the revenue's appeal. Case-Laws Central Excise Fri, 04 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108471