https://www.taxtmi.com/caselaws?id=2197 The Tribunal upheld the Commissioner's decision that the machinery, although in the process of installation during the relevant period, was considered "in use," allowing the respondent to avail Modvat credit on duty paid capital goods. The appeal by the revenue was rejected, and the cross objection by the appellants was disposed of accordingly. The judgment underscores the broader interpretation of the term "use" beyond mere production, emphasizing the importance of factual circumstances such as possession and installation in determining credit eligibility. en-us Tue, 26 Jun 2007 00:00:00 +0530 Tue, 15 Apr 2008 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2197 The Tribunal upheld the Commissioner's decision that the machinery, although in the process of installation during the relevant period, was considered "in use," allowing the respondent to avail Modvat credit on duty paid capital goods. The appeal by the revenue was rejected, and the cross objection by the appellants was disposed of accordingly. The judgment underscores the broader interpretation of the term "use" beyond mere production, emphasizing the importance of factual circumstances such as possession and installation in determining credit eligibility. Case-Laws Central Excise Tue, 26 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2197