https://www.taxtmi.com/caselaws?id=116770 Testing equipment used to measure specifications and tolerances of raw materials or finished goods may qualify as capital goods under Rule 57Q if it is integral to manufacture and marketability. Eligibility for Modvat credit depends on factual verification that the testing panel functions as a testing machine within Heading 85.37 and satisfies the conditions in Explanation 1(a) to Rule 57Q. Because the factual position was incomplete and the issue had earlier been remanded, the order denying credit was set aside and the matter was sent back for fresh adjudication by the original authority. en-us Fri, 09 Dec 2005 00:00:00 +0530 Sat, 16 Jun 2012 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116770 Testing equipment used to measure specifications and tolerances of raw materials or finished goods may qualify as capital goods under Rule 57Q if it is integral to manufacture and marketability. Eligibility for Modvat credit depends on factual verification that the testing panel functions as a testing machine within Heading 85.37 and satisfies the conditions in Explanation 1(a) to Rule 57Q. Because the factual position was incomplete and the issue had earlier been remanded, the order denying credit was set aside and the matter was sent back for fresh adjudication by the original authority. Case-Laws Central Excise Fri, 09 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116770