https://www.taxtmi.com/caselaws?id=215137 Rule 57Q capital goods was construed broadly to include machines, machinery, plant, equipment, apparatus, tools and appliances used for producing or processing goods, or for bringing about change in a substance for manufacture of final products. A CNC wire cut electric discharge machine used to make dyes and tools in an inseparable manufacturing chain was treated as integral to production of laminations and stampings. The machine therefore qualified as capital goods, and Modvat credit was available to the assessee. en-us Fri, 25 May 2012 00:00:00 +0530 Wed, 09 Jan 2013 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215137 Rule 57Q capital goods was construed broadly to include machines, machinery, plant, equipment, apparatus, tools and appliances used for producing or processing goods, or for bringing about change in a substance for manufacture of final products. A CNC wire cut electric discharge machine used to make dyes and tools in an inseparable manufacturing chain was treated as integral to production of laminations and stampings. The machine therefore qualified as capital goods, and Modvat credit was available to the assessee. Case-Laws Central Excise Fri, 25 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215137