https://www.taxtmi.com/caselaws?id=197308 Modvat credit under Rule 57Q was determined item-wise by testing whether each disputed item qualified as capital goods used in or in relation to manufacture. Machinery components, spares and accessories were treated as eligible, while consumables and items used for civil construction, lighting or other non-qualifying purposes were excluded. The tribunal relied on earlier Tribunal and Supreme Court authority to support admissibility for items where credit had been denied and to sustain denial where the goods did not meet the rule. Credit was therefore admissible only on eligible items, with the assessee succeeding to the extent of the denied credit and the Revenue's challenge failing. en-us Wed, 18 Jun 2003 00:00:00 +0530 Tue, 02 Jan 2018 14:42:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197308 Modvat credit under Rule 57Q was determined item-wise by testing whether each disputed item qualified as capital goods used in or in relation to manufacture. Machinery components, spares and accessories were treated as eligible, while consumables and items used for civil construction, lighting or other non-qualifying purposes were excluded. The tribunal relied on earlier Tribunal and Supreme Court authority to support admissibility for items where credit had been denied and to sustain denial where the goods did not meet the rule. Credit was therefore admissible only on eligible items, with the assessee succeeding to the extent of the denied credit and the Revenue's challenge failing. Case-Laws Central Excise Wed, 18 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197308