https://www.taxtmi.com/caselaws?id=119586 Ion exchangers used in a water softening and cooling system may qualify for Modvat credit under Rule 57Q where they function as part of the water treatment plant and support manufacture by preventing deposits and corrosion. Point attack picks used as spares for a surface miner in captive mines may also qualify as eligible capital goods when they form part of the factory setup and are used in captive mining operations, even if employed in the mining area rather than inside the factory building. The stated legal position is that manufacturing-support equipment and capital goods used in captive mines can fall within credit eligibility if they materially assist the manufacturing process or meet the relevant capital goods category. en-us Fri, 07 Apr 2006 00:00:00 +0530 Thu, 12 Jul 2012 10:18:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119586 Ion exchangers used in a water softening and cooling system may qualify for Modvat credit under Rule 57Q where they function as part of the water treatment plant and support manufacture by preventing deposits and corrosion. Point attack picks used as spares for a surface miner in captive mines may also qualify as eligible capital goods when they form part of the factory setup and are used in captive mining operations, even if employed in the mining area rather than inside the factory building. The stated legal position is that manufacturing-support equipment and capital goods used in captive mines can fall within credit eligibility if they materially assist the manufacturing process or meet the relevant capital goods category. Case-Laws Central Excise Fri, 07 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119586