https://www.taxtmi.com/caselaws?id=117824 Components, spares and accessories used with eligible capital goods were treated as qualifying for Modvat credit, even where Rule 57Q(a) excluded certain items by classification, because the principle in Jawahar Mills and the Board's circular recognised credit for parts of such capital goods. Coal mills and cement mills were regarded as eligible capital goods for this purpose, and un-machined steel lining plates and un-machined steel castings used with them were held within the permissible credit. The denial of Modvat credit was therefore not justified, and the revenue appeals failed. en-us Fri, 31 Mar 2006 00:00:00 +0530 Tue, 26 Jun 2012 17:07:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117824 Components, spares and accessories used with eligible capital goods were treated as qualifying for Modvat credit, even where Rule 57Q(a) excluded certain items by classification, because the principle in Jawahar Mills and the Board's circular recognised credit for parts of such capital goods. Coal mills and cement mills were regarded as eligible capital goods for this purpose, and un-machined steel lining plates and un-machined steel castings used with them were held within the permissible credit. The denial of Modvat credit was therefore not justified, and the revenue appeals failed. Case-Laws Central Excise Fri, 31 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117824