https://www.taxtmi.com/caselaws?id=47951 Goods used in the fabrication, erection and installation of a Cold Rolling Mill were treated as capital goods because they were declared in advance, reflected in RT-12 returns, and found on the facts to form part of the installed capital goods used in manufacture. Modvat credit under Rule 57Q was therefore admissible. The extended period of limitation could not be invoked because the credit was taken after disclosure of the relevant facts, and the show cause notice was issued later without any suppression of material facts. The demand was thus time-barred, and no substantial question of law arose for interference. en-us Tue, 14 Nov 2006 00:00:00 +0530 Sat, 31 Jul 2010 17:26:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47951 Goods used in the fabrication, erection and installation of a Cold Rolling Mill were treated as capital goods because they were declared in advance, reflected in RT-12 returns, and found on the facts to form part of the installed capital goods used in manufacture. Modvat credit under Rule 57Q was therefore admissible. The extended period of limitation could not be invoked because the credit was taken after disclosure of the relevant facts, and the show cause notice was issued later without any suppression of material facts. The demand was thus time-barred, and no substantial question of law arose for interference. Case-Laws Central Excise Tue, 14 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47951