https://www.taxtmi.com/caselaws?id=240913 Capital goods credit under Rule 57Q covers goods classified under Heading 90.32, including their components, spares and accessories. Accordingly, a distribution control system for power generation and its low-frequency transmission component qualify for credit where the transmission system forms part of that control system. Welding machines and welding electrodes used to repair and maintain plant and machinery also qualify for credit as capital goods or inputs where binding precedent recognises their eligibility. Credit denial for these eligible items is unsustainable, with consequential relief available for the disallowance set aside. en-us Wed, 05 Jun 2013 00:00:00 +0530 Tue, 31 Dec 2013 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240913 Capital goods credit under Rule 57Q covers goods classified under Heading 90.32, including their components, spares and accessories. Accordingly, a distribution control system for power generation and its low-frequency transmission component qualify for credit where the transmission system forms part of that control system. Welding machines and welding electrodes used to repair and maintain plant and machinery also qualify for credit as capital goods or inputs where binding precedent recognises their eligibility. Credit denial for these eligible items is unsustainable, with consequential relief available for the disallowance set aside. Case-Laws Central Excise Wed, 05 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240913