https://www.taxtmi.com/caselaws?id=111079 Modvat credit under Rule 57Q was confined to parts and components of capital goods that themselves fell within the rule. Goods classified under Heading 90.33 were excluded from the definition of capital goods in the table to Rule 57Q, and Clause 5 could not extend credit to parts or components of such excluded goods. The stated consequence was that credit was not admissible and the disallowance was upheld in favour of the Revenue. en-us Thu, 20 Nov 2003 00:00:00 +0530 Fri, 20 Apr 2012 12:20:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111079 Modvat credit under Rule 57Q was confined to parts and components of capital goods that themselves fell within the rule. Goods classified under Heading 90.33 were excluded from the definition of capital goods in the table to Rule 57Q, and Clause 5 could not extend credit to parts or components of such excluded goods. The stated consequence was that credit was not admissible and the disallowance was upheld in favour of the Revenue. Case-Laws Central Excise Thu, 20 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111079