https://www.taxtmi.com/caselaws?id=112909 A personal computer used by a manufacturer of computer parts and accessories was held not to qualify as capital goods for Modvat credit under Rule 57Q for the period before 31-5-1995. The record contained no evidence that the computer was used in or in relation to manufacture of the final product, and reliance on its use as testing equipment did not assist because testing equipment entered the Modvat scheme only from 16-5-1995. Later enlargements of the provision were treated as prospective only, so the credit claim for the earlier period failed and the Revenue's challenge succeeded. en-us Tue, 24 Feb 2004 00:00:00 +0530 Wed, 02 May 2012 15:47:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112909 A personal computer used by a manufacturer of computer parts and accessories was held not to qualify as capital goods for Modvat credit under Rule 57Q for the period before 31-5-1995. The record contained no evidence that the computer was used in or in relation to manufacture of the final product, and reliance on its use as testing equipment did not assist because testing equipment entered the Modvat scheme only from 16-5-1995. Later enlargements of the provision were treated as prospective only, so the credit claim for the earlier period failed and the Revenue's challenge succeeded. Case-Laws Central Excise Tue, 24 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112909