https://www.taxtmi.com/caselaws?id=174147 The High Court of Bombay upheld the Tribunal's decision, allowing the assessee to claim Modvat credit on specific capital goods, even if not directly used in the manufacturing process. The Court emphasized the essential role of these goods in machinery functioning and their connection to the final product's production. Relying on legal precedents, the Court concluded that the items were eligible for credit, dismissing the Commissioner's challenge. en-us Thu, 19 Jul 2007 00:00:00 +0530 Fri, 27 Oct 2017 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174147 The High Court of Bombay upheld the Tribunal's decision, allowing the assessee to claim Modvat credit on specific capital goods, even if not directly used in the manufacturing process. The Court emphasized the essential role of these goods in machinery functioning and their connection to the final product's production. Relying on legal precedents, the Court concluded that the items were eligible for credit, dismissing the Commissioner's challenge. Case-Laws Central Excise Thu, 19 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174147