https://www.taxtmi.com/caselaws?id=113415 Modvat credit under the capital goods scheme was allowed only for packing materials used in machine joints to prevent leakage, because they were treated as components within the amended scope of Rule 57Q effective from 1-3-97. The remaining disputed items were not covered by that rule and therefore did not qualify as capital goods for credit. Credit was consequently sustained only for the packing material, while denial on the other items was upheld. en-us Tue, 25 Mar 2003 00:00:00 +0530 Sat, 05 May 2012 12:16:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113415 Modvat credit under the capital goods scheme was allowed only for packing materials used in machine joints to prevent leakage, because they were treated as components within the amended scope of Rule 57Q effective from 1-3-97. The remaining disputed items were not covered by that rule and therefore did not qualify as capital goods for credit. Credit was consequently sustained only for the packing material, while denial on the other items was upheld. Case-Laws Central Excise Tue, 25 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113415