https://www.taxtmi.com/caselaws?id=203131 Components, spares and accessories that form an integral part of glass manufacturing machinery were treated as eligible capital goods for modvat credit under Rule 57Q, even where their individual tariff headings were otherwise excluded. A circular dated 02.12.96 clarified that such parts of the specified capital goods under serial nos. 1 to 4 of the Table to Rule 57Q could fall under any tariff heading, so credit could not be denied merely on the basis of classification. On that basis, the denial of credit was unsustainable and the consequential penalty also did not survive. en-us Thu, 23 Dec 2010 00:00:00 +0530 Fri, 07 Jun 2013 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203131 Components, spares and accessories that form an integral part of glass manufacturing machinery were treated as eligible capital goods for modvat credit under Rule 57Q, even where their individual tariff headings were otherwise excluded. A circular dated 02.12.96 clarified that such parts of the specified capital goods under serial nos. 1 to 4 of the Table to Rule 57Q could fall under any tariff heading, so credit could not be denied merely on the basis of classification. On that basis, the denial of credit was unsustainable and the consequential penalty also did not survive. Case-Laws Central Excise Thu, 23 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203131