https://www.taxtmi.com/caselaws?id=2015 Polycarbonate sheets used inside the factory to collect, accumulate and transport semi-finished goods to the wrapping stage were treated as eligible for Modvat credit. The Tribunal focused on the functional use of the item in the manufacturing flow and applied the principle that intra-factory material handling equipment may qualify as capital goods or credit-eligible items even if not directly incorporated into the final product. The objection that the sheets were not specifically covered under Rule 57Q was rejected, and credit was allowed in favour of the assessee. en-us Wed, 30 May 2007 00:00:00 +0530 Tue, 15 Apr 2008 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2015 Polycarbonate sheets used inside the factory to collect, accumulate and transport semi-finished goods to the wrapping stage were treated as eligible for Modvat credit. The Tribunal focused on the functional use of the item in the manufacturing flow and applied the principle that intra-factory material handling equipment may qualify as capital goods or credit-eligible items even if not directly incorporated into the final product. The objection that the sheets were not specifically covered under Rule 57Q was rejected, and credit was allowed in favour of the assessee. Case-Laws Central Excise Wed, 30 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2015