https://www.taxtmi.com/caselaws?id=114224 ICAM systems were treated as eligible for credit where they qualified as parts, components or accessories of capital goods under Rule 57Q. The analysis relied on the departmental circular, which stated that exact classification of the parts was not decisive if the goods were used as parts, components or accessories with the capital goods. On the facts recorded, the item was treated as a component of the programmable controller, which formed part of the spinning machine, and credit was therefore admissible. en-us Mon, 01 Dec 2003 00:00:00 +0530 Sat, 12 May 2012 13:26:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114224 ICAM systems were treated as eligible for credit where they qualified as parts, components or accessories of capital goods under Rule 57Q. The analysis relied on the departmental circular, which stated that exact classification of the parts was not decisive if the goods were used as parts, components or accessories with the capital goods. On the facts recorded, the item was treated as a component of the programmable controller, which formed part of the spinning machine, and credit was therefore admissible. Case-Laws Central Excise Mon, 01 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114224