https://www.taxtmi.com/caselaws?id=116294 The appeal was allowed as the court held that the Telephone Cable, falling under Heading No. 85.44 of the CETA Schedule, was eligible for Modvat credit under Rule 57Q. The court interpreted the rule to require only that the capital goods specified be used within the factory, without mandating their use for manufacturing final products. The court rejected the argument that the Telephone Cable needed to be used for manufacturing final products, setting aside the order disallowing the credit. en-us Fri, 13 May 2005 00:00:00 +0530 Mon, 11 Jun 2012 11:52:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116294 The appeal was allowed as the court held that the Telephone Cable, falling under Heading No. 85.44 of the CETA Schedule, was eligible for Modvat credit under Rule 57Q. The court interpreted the rule to require only that the capital goods specified be used within the factory, without mandating their use for manufacturing final products. The court rejected the argument that the Telephone Cable needed to be used for manufacturing final products, setting aside the order disallowing the credit. Case-Laws Central Excise Fri, 13 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116294