https://www.taxtmi.com/caselaws?id=118601 Bar code systems and related parts used to track raw materials and maintain smooth production were treated as capital goods for Modvat credit purposes under Rule 57Q of the Central Excise Rules, 1944. A liberal interpretation of "capital goods" was applied to extend coverage to machinery items used in the production and manufacture process where they facilitate manufacture and inventory control. On that basis, Modvat credit was not denied on the impugned goods. en-us Thu, 17 Aug 2006 00:00:00 +0530 Wed, 04 Jul 2012 14:12:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118601 Bar code systems and related parts used to track raw materials and maintain smooth production were treated as capital goods for Modvat credit purposes under Rule 57Q of the Central Excise Rules, 1944. A liberal interpretation of "capital goods" was applied to extend coverage to machinery items used in the production and manufacture process where they facilitate manufacture and inventory control. On that basis, Modvat credit was not denied on the impugned goods. Case-Laws Central Excise Thu, 17 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118601