https://www.taxtmi.com/caselaws?id=115873 Modvat credit on capital goods was treated as separate from later repair transactions. A diesel engine received in the factory qualified for credit under Rule 57Q, and subsequent repairs, including insurer reimbursement of repair costs and duty on spare parts, did not change the character of the original capital-goods purchase or justify reduction of credit on the engine itself. The credit claim related only to the duty originally paid on the capital goods, not to the later repair inputs. The reasoning also distinguished the cited damaged-goods precedent as inapplicable on these facts, and the full credit on the diesel engine was upheld. en-us Mon, 10 Jan 2005 00:00:00 +0530 Mon, 04 Jun 2012 17:36:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115873 Modvat credit on capital goods was treated as separate from later repair transactions. A diesel engine received in the factory qualified for credit under Rule 57Q, and subsequent repairs, including insurer reimbursement of repair costs and duty on spare parts, did not change the character of the original capital-goods purchase or justify reduction of credit on the engine itself. The credit claim related only to the duty originally paid on the capital goods, not to the later repair inputs. The reasoning also distinguished the cited damaged-goods precedent as inapplicable on these facts, and the full credit on the diesel engine was upheld. Case-Laws Central Excise Mon, 10 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115873