https://www.taxtmi.com/caselaws?id=115376 Steel racks used to store factory raw materials were classified under Heading 73.26, which was outside the first four entries in the Table to Rule 57Q(1) of the Central Excise Rules, 1944. Capital goods credit depended on tariff classification during the relevant period. The racks also did not qualify as accessories of manufacturing plant because no material established that the plant could not function without them; an accessory must make the principal equipment functional. Accordingly, Modvat capital goods credit was unavailable for the steel racks. en-us Thu, 12 May 2005 00:00:00 +0530 Tue, 29 May 2012 11:13:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115376 Steel racks used to store factory raw materials were classified under Heading 73.26, which was outside the first four entries in the Table to Rule 57Q(1) of the Central Excise Rules, 1944. Capital goods credit depended on tariff classification during the relevant period. The racks also did not qualify as accessories of manufacturing plant because no material established that the plant could not function without them; an accessory must make the principal equipment functional. Accordingly, Modvat capital goods credit was unavailable for the steel racks. Case-Laws Central Excise Thu, 12 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115376