https://www.taxtmi.com/caselaws?id=252667 M.S. flats, plates and angles used in fabrication and replacement work for an electrolytic cell were treated as capital goods for Modvat credit under Rule 57Q because they were employed in the manufacturing process and satisfied the user test applied to plant components. The court followed the assessee's earlier decision and the Supreme Court's approach that steel materials used to fabricate parts of manufacturing plant can fall within the scope of capital goods. In the absence of any distinguishing circumstance, the same view was applied and the Revenue's challenge failed. en-us Thu, 04 Sep 2014 00:00:00 +0530 Sat, 06 Jun 2015 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252667 M.S. flats, plates and angles used in fabrication and replacement work for an electrolytic cell were treated as capital goods for Modvat credit under Rule 57Q because they were employed in the manufacturing process and satisfied the user test applied to plant components. The court followed the assessee's earlier decision and the Supreme Court's approach that steel materials used to fabricate parts of manufacturing plant can fall within the scope of capital goods. In the absence of any distinguishing circumstance, the same view was applied and the Revenue's challenge failed. Case-Laws Central Excise Thu, 04 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252667