https://www.taxtmi.com/caselaws?id=437843 Parts and components of a DG set received in the factory and used for erection and commissioning of the set qualified as capital goods under Rule 57Q of the Central Excise Rules, 1944. Because the DG set formed part of the manufacturing infrastructure and generated electricity for production, Modvat credit was available on the components as parts, spares and accessories covered by the rule. Prior decisions on similar equipment were applied, and the later Supreme Court view on DG set plant components was followed. The assessee was therefore entitled to Modvat credit, and the revenue's challenge to the credit allowance failed. en-us Tue, 11 Apr 2023 00:00:00 +0530 Tue, 16 May 2023 09:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437843 Parts and components of a DG set received in the factory and used for erection and commissioning of the set qualified as capital goods under Rule 57Q of the Central Excise Rules, 1944. Because the DG set formed part of the manufacturing infrastructure and generated electricity for production, Modvat credit was available on the components as parts, spares and accessories covered by the rule. Prior decisions on similar equipment were applied, and the later Supreme Court view on DG set plant components was followed. The assessee was therefore entitled to Modvat credit, and the revenue's challenge to the credit allowance failed. Case-Laws Central Excise Tue, 11 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437843