https://www.taxtmi.com/caselaws?id=34010 Welding electrodes used in repairs and maintenance of capital goods were treated as capital goods under Rule 57Q of the Central Excise Rules, 1944 because earlier precedents had recognised such items as eligible when used within the factory for maintaining machinery used in manufacture. On that basis, Modvat credit was held admissible on the electrodes, and the appeal failed. en-us Sat, 17 Jun 2006 00:00:00 +0530 Sun, 05 Jul 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34010 Welding electrodes used in repairs and maintenance of capital goods were treated as capital goods under Rule 57Q of the Central Excise Rules, 1944 because earlier precedents had recognised such items as eligible when used within the factory for maintaining machinery used in manufacture. On that basis, Modvat credit was held admissible on the electrodes, and the appeal failed. Case-Laws Central Excise Sat, 17 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34010