https://www.taxtmi.com/caselaws?id=3618 Rule 57Q allowed Modvat credit on components, spares and accessories of eligible capital goods, and such items did not need to independently fall within the tariff entries applicable to the principal goods. The restriction in sub-rule (7) applied to the principal capital goods, not to spares and accessories covered by the specific entry. As tyres, tubes and flaps were used as spares or accessories of loaders that qualified as capital goods, denial of credit was unsustainable. en-us Wed, 06 Dec 2006 00:00:00 +0530 Mon, 21 Apr 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3618 Rule 57Q allowed Modvat credit on components, spares and accessories of eligible capital goods, and such items did not need to independently fall within the tariff entries applicable to the principal goods. The restriction in sub-rule (7) applied to the principal capital goods, not to spares and accessories covered by the specific entry. As tyres, tubes and flaps were used as spares or accessories of loaders that qualified as capital goods, denial of credit was unsustainable. Case-Laws Central Excise Wed, 06 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3618