https://www.taxtmi.com/caselaws?id=205757 Tyre protection chain under Heading 73.15 was examined for treatment as capital goods eligible for MODVAT credit under Rule 57Q of the Central Excise Rules, 1944. The court considered whether the item, not used in producing or processing goods or in bringing about any change in a substance for manufacture, and not specifically covered by the relevant clause, could still qualify for credit. It noted that the same issue had already been decided against the Revenue in an earlier reference involving the same assessee and identical facts. The Revenue's challenge was therefore rejected. en-us Mon, 05 Sep 2011 00:00:00 +0530 Wed, 21 Sep 2011 23:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205757 Tyre protection chain under Heading 73.15 was examined for treatment as capital goods eligible for MODVAT credit under Rule 57Q of the Central Excise Rules, 1944. The court considered whether the item, not used in producing or processing goods or in bringing about any change in a substance for manufacture, and not specifically covered by the relevant clause, could still qualify for credit. It noted that the same issue had already been decided against the Revenue in an earlier reference involving the same assessee and identical facts. The Revenue's challenge was therefore rejected. Case-Laws Central Excise Mon, 05 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205757