https://www.taxtmi.com/caselaws?id=4450 The High Court upheld the Tribunal's decision allowing modvat credit on iron and steel items used for a batch vessel's installation, deeming them essential for plant and machinery. The Court emphasized the items' necessity for the vessel's functioning and manufacturing excisable articles, categorizing them as capital goods. The appeal was dismissed as the Court found no substantial question of law, citing a previous case with a similar ruling on essential items for plant and machinery. en-us Tue, 01 Jul 2008 00:00:00 +0530 Fri, 21 Nov 2008 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4450 The High Court upheld the Tribunal's decision allowing modvat credit on iron and steel items used for a batch vessel's installation, deeming them essential for plant and machinery. The Court emphasized the items' necessity for the vessel's functioning and manufacturing excisable articles, categorizing them as capital goods. The appeal was dismissed as the Court found no substantial question of law, citing a previous case with a similar ruling on essential items for plant and machinery. Case-Laws Central Excise Tue, 01 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4450