https://www.taxtmi.com/caselaws?id=750675 Measuring and testing instruments, material handling equipment, diesel forklift trucks and air conditioners may qualify as capital goods under Rule 57Q of the Central Excise Rules, 1944 where they are used directly in, or integrally with, the manufacturing process. Applying the user test from Jawahar Mills and Rajasthan Spinning and Weaving Mills, online testing equipment and air conditioners necessary for precision manufacturing conditions were treated as within the scope of capital goods. On that settled principle, the assessee's MODVAT credit entitlement was sustained and the Revenue's challenge failed. en-us Wed, 28 Feb 2024 00:00:00 +0530 Wed, 27 Mar 2024 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750675 Measuring and testing instruments, material handling equipment, diesel forklift trucks and air conditioners may qualify as capital goods under Rule 57Q of the Central Excise Rules, 1944 where they are used directly in, or integrally with, the manufacturing process. Applying the user test from Jawahar Mills and Rajasthan Spinning and Weaving Mills, online testing equipment and air conditioners necessary for precision manufacturing conditions were treated as within the scope of capital goods. On that settled principle, the assessee's MODVAT credit entitlement was sustained and the Revenue's challenge failed. Case-Laws Central Excise Wed, 28 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750675