https://www.taxtmi.com/circulars?id=5740 Credit on components, spares and accessories used with specified capital goods is allowed irrespective of the tariff classification of those parts. The separate descriptive entry for components, spares and accessories creates an eligibility category distinct from the chapter-based classification of capital goods, so any parts intended for use with the specified capital goods qualify for Modvat credit even if classifiable under different chapters. en-us Mon, 02 Dec 1996 00:00:00 +0530 Sat, 14 Mar 2009 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5740 Credit on components, spares and accessories used with specified capital goods is allowed irrespective of the tariff classification of those parts. The separate descriptive entry for components, spares and accessories creates an eligibility category distinct from the chapter-based classification of capital goods, so any parts intended for use with the specified capital goods qualify for Modvat credit even if classifiable under different chapters. Circulars Central Excise Mon, 02 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5740