https://www.taxtmi.com/caselaws?id=114865 Modvat credit under Rule 57Q was denied for a pressure transmitter because it was not established to be capital goods. The classification under Heading 90.26/90.33 showed the item to be a measuring or checking instrument or part, not equipment used for controlling current in an electrical panel. The claimed use was not accepted, and the actual use of the transmitter was not proved. On that basis, the instrument did not satisfy the definition of capital goods for credit eligibility, and the denial of credit was upheld. en-us Tue, 11 Jan 2005 00:00:00 +0530 Mon, 21 May 2012 17:20:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114865 Modvat credit under Rule 57Q was denied for a pressure transmitter because it was not established to be capital goods. The classification under Heading 90.26/90.33 showed the item to be a measuring or checking instrument or part, not equipment used for controlling current in an electrical panel. The claimed use was not accepted, and the actual use of the transmitter was not proved. On that basis, the instrument did not satisfy the definition of capital goods for credit eligibility, and the denial of credit was upheld. Case-Laws Central Excise Tue, 11 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114865