https://www.taxtmi.com/caselaws?id=109241 Modvat credit on repaired and reconditioned capital goods was found admissible where the supplier discharged excise duty on the full value, including material cost, repair charges and labour charges. The Tribunal accepted that the duty-paid value of manufactured goods could legitimately include those components and that credit could not be denied merely because the duty incidence covered repair and labour charges. It also treated the issue as covered by an earlier Tribunal ruling recognising credit on a reimported repaired machine as eligible capital goods under Rule 57Q read with Notification No. 6/97-C.E. (N.T.). en-us Thu, 13 Feb 2003 00:00:00 +0530 Fri, 06 Apr 2012 18:06:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109241 Modvat credit on repaired and reconditioned capital goods was found admissible where the supplier discharged excise duty on the full value, including material cost, repair charges and labour charges. The Tribunal accepted that the duty-paid value of manufactured goods could legitimately include those components and that credit could not be denied merely because the duty incidence covered repair and labour charges. It also treated the issue as covered by an earlier Tribunal ruling recognising credit on a reimported repaired machine as eligible capital goods under Rule 57Q read with Notification No. 6/97-C.E. (N.T.). Case-Laws Central Excise Thu, 13 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109241