https://www.taxtmi.com/caselaws?id=112738 The Tribunal dismissed the appeal regarding the denial of capital goods credit on a Grinder Machine and its accessories for manufacturing Cold Rolled Steel Strips. It held that as the machine was used for maintenance purposes rather than direct manufacturing, it did not qualify for credit under Rule 57Q. The decision was based on the precedent set in a similar case and emphasized that the machine's use was for maintaining capital goods, not for the direct manufacture of the final product. en-us Tue, 14 Oct 2003 00:00:00 +0530 Tue, 01 May 2012 15:41:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112738 The Tribunal dismissed the appeal regarding the denial of capital goods credit on a Grinder Machine and its accessories for manufacturing Cold Rolled Steel Strips. It held that as the machine was used for maintenance purposes rather than direct manufacturing, it did not qualify for credit under Rule 57Q. The decision was based on the precedent set in a similar case and emphasized that the machine's use was for maintaining capital goods, not for the direct manufacture of the final product. Case-Laws Central Excise Tue, 14 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112738