https://www.taxtmi.com/caselaws?id=122199 Modvat credit under Rule 57Q was available for a refrigeration package unit used in an acetic acid plant because eligibility turned on its use as a component, spare or accessory of capital goods, not on its independent tariff classification under Chapter 84. The Board circular was applied to confirm that parts, components and accessories used with qualifying capital goods could be covered under any chapter heading. Treating the refrigeration package as an essential item for the plant's functioning, the analysis followed earlier decisions on similar cooling equipment and supported credit on that basis. en-us Mon, 15 Jan 2007 00:00:00 +0530 Thu, 09 Aug 2012 13:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122199 Modvat credit under Rule 57Q was available for a refrigeration package unit used in an acetic acid plant because eligibility turned on its use as a component, spare or accessory of capital goods, not on its independent tariff classification under Chapter 84. The Board circular was applied to confirm that parts, components and accessories used with qualifying capital goods could be covered under any chapter heading. Treating the refrigeration package as an essential item for the plant's functioning, the analysis followed earlier decisions on similar cooling equipment and supported credit on that basis. Case-Laws Central Excise Mon, 15 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122199