https://www.taxtmi.com/caselaws?id=113593 Hydrogen gas cylinders were treated as capital goods for Modvat credit under the wider pre-amendment definition in Rule 57Q because they formed part of the industrial plant used in the manufacture and completion of hydrogen gas production. The denial of credit was therefore unsustainable and the credit was admissible. Penalty was also unsustainable because the admissibility of credit raised a debatable issue, so the penal consequence was set aside. No relief was granted on the unagitated pre-amplifier issue. en-us Tue, 29 Jun 2004 00:00:00 +0530 Sat, 05 May 2012 18:47:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113593 Hydrogen gas cylinders were treated as capital goods for Modvat credit under the wider pre-amendment definition in Rule 57Q because they formed part of the industrial plant used in the manufacture and completion of hydrogen gas production. The denial of credit was therefore unsustainable and the credit was admissible. Penalty was also unsustainable because the admissibility of credit raised a debatable issue, so the penal consequence was set aside. No relief was granted on the unagitated pre-amplifier issue. Case-Laws Central Excise Tue, 29 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113593