https://www.taxtmi.com/caselaws?id=31105 Rule 57Q was interpreted as containing a pre-amendment definition of capital goods that was already wide and liberal, covering machines, plant, equipment, apparatus, tools and appliances used in manufacture or in processing goods. The later insertion of clauses (d) and (e) by Notification No. 11/95-C.E. (N.T.) did not materially change that position for the earlier period. On that basis, laboratory homogenizers, laboratory scientific and hospital equipment, gas detection systems, module under Chapter Heading 85.38, lube/sealant and tower packing used in the factory for manufacturing glycol and other industrial chemicals could qualify as capital goods, so Modvat credit remained admissible for 1994-95. en-us Fri, 27 Jun 2008 00:00:00 +0530 Sat, 18 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31105 Rule 57Q was interpreted as containing a pre-amendment definition of capital goods that was already wide and liberal, covering machines, plant, equipment, apparatus, tools and appliances used in manufacture or in processing goods. The later insertion of clauses (d) and (e) by Notification No. 11/95-C.E. (N.T.) did not materially change that position for the earlier period. On that basis, laboratory homogenizers, laboratory scientific and hospital equipment, gas detection systems, module under Chapter Heading 85.38, lube/sealant and tower packing used in the factory for manufacturing glycol and other industrial chemicals could qualify as capital goods, so Modvat credit remained admissible for 1994-95. Case-Laws Central Excise Fri, 27 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31105