https://www.taxtmi.com/caselaws?id=116473 Equipment installed in a cement plant's central control room may qualify as capital goods for Modvat credit when it functions as an integral part of monitoring and controlling production. The Tribunal held that the cores system with monitor was used to supervise the plant's operations and ensure compliance with technical parameters at each stage, so the earlier denial of credit rested on an premise that the claim was unsubstantiated. Applying Rule 57G of the Central Excise Rules, 1944 and the Supreme Court's approach to control panels and similar equipment, the Tribunal treated the system as eligible capital goods and corrected the denial of credit in favour of the assessee. en-us Fri, 08 Jul 2005 00:00:00 +0530 Tue, 12 Jun 2012 17:54:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116473 Equipment installed in a cement plant's central control room may qualify as capital goods for Modvat credit when it functions as an integral part of monitoring and controlling production. The Tribunal held that the cores system with monitor was used to supervise the plant's operations and ensure compliance with technical parameters at each stage, so the earlier denial of credit rested on an premise that the claim was unsubstantiated. Applying Rule 57G of the Central Excise Rules, 1944 and the Supreme Court's approach to control panels and similar equipment, the Tribunal treated the system as eligible capital goods and corrected the denial of credit in favour of the assessee. Case-Laws Central Excise Fri, 08 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116473