https://www.taxtmi.com/caselaws?id=108614 Capital goods used in mines outside the factory premises were held not to qualify for Modvat credit under Rule 57Q, and the plea that the mines were an extension of the factory was rejected. Cement and steel used for civil construction were also found ineligible, as the assessee failed to establish that they were used for foundations of plant and machinery. Welding electrodes used to repair and remake worn-out machine parts were treated as eligible capital goods and allowed for Modvat credit. The personal penalty was set aside because the credit dispute was bona fide and no mala fides were shown. One issue was remanded for fresh adjudication. en-us Fri, 25 Jul 2003 00:00:00 +0530 Tue, 03 Apr 2012 10:07:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108614 Capital goods used in mines outside the factory premises were held not to qualify for Modvat credit under Rule 57Q, and the plea that the mines were an extension of the factory was rejected. Cement and steel used for civil construction were also found ineligible, as the assessee failed to establish that they were used for foundations of plant and machinery. Welding electrodes used to repair and remake worn-out machine parts were treated as eligible capital goods and allowed for Modvat credit. The personal penalty was set aside because the credit dispute was bona fide and no mala fides were shown. One issue was remanded for fresh adjudication. Case-Laws Central Excise Fri, 25 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108614