https://www.taxtmi.com/caselaws?id=111483 Compressed woollen felts fixed to rolling mills and other machines were treated as part of the machinery because they were attached through fixtures operated by the machine's hydraulic system and performed an essential production function. The fact that the felts required periodic replacement did not make them independent consumables or exclude them from capital goods treatment. On that basis, the felts were regarded as eligible for Modvat credit under Rule 57Q of the Central Excise Rules, 1944. en-us Mon, 01 Mar 2004 00:00:00 +0530 Mon, 23 Apr 2012 16:54:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111483 Compressed woollen felts fixed to rolling mills and other machines were treated as part of the machinery because they were attached through fixtures operated by the machine's hydraulic system and performed an essential production function. The fact that the felts required periodic replacement did not make them independent consumables or exclude them from capital goods treatment. On that basis, the felts were regarded as eligible for Modvat credit under Rule 57Q of the Central Excise Rules, 1944. Case-Laws Central Excise Mon, 01 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111483