https://www.taxtmi.com/caselaws?id=109616 Modvat credit under Rule 57Q was examined item-wise for the disputed capital goods. Data logger model, thermo couple, software and blower fans were accepted as eligible capital goods, so credit was admissible for those items. Computer circuit board and display were held not to qualify as capital goods, so credit was denied for those items. The result was partial admissibility of Modvat credit depending on the nature of each item. en-us Mon, 28 Jul 2003 00:00:00 +0530 Wed, 11 Apr 2012 10:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109616 Modvat credit under Rule 57Q was examined item-wise for the disputed capital goods. Data logger model, thermo couple, software and blower fans were accepted as eligible capital goods, so credit was admissible for those items. Computer circuit board and display were held not to qualify as capital goods, so credit was denied for those items. The result was partial admissibility of Modvat credit depending on the nature of each item. Case-Laws Central Excise Mon, 28 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109616