https://www.taxtmi.com/caselaws?id=48266 The Court dismissed the Revenue's appeal against the Tribunal's decision to allow Modvat credit for goods used in the assembly of a fire hydrant system, rejecting the argument that the goods fell under Chapter 84 and should be excluded from the definition of "capital goods" under Rule 57Q of the Central Excise Rules. The Tribunal's decision was upheld as it found that the goods did not meet the criteria for exclusion under Rule 57Q, emphasizing the need for specific inclusion in the exclusion clause for goods to be considered capital goods. en-us Tue, 10 Oct 2006 00:00:00 +0530 Tue, 03 Aug 2010 15:19:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48266 The Court dismissed the Revenue's appeal against the Tribunal's decision to allow Modvat credit for goods used in the assembly of a fire hydrant system, rejecting the argument that the goods fell under Chapter 84 and should be excluded from the definition of "capital goods" under Rule 57Q of the Central Excise Rules. The Tribunal's decision was upheld as it found that the goods did not meet the criteria for exclusion under Rule 57Q, emphasizing the need for specific inclusion in the exclusion clause for goods to be considered capital goods. Case-Laws Central Excise Tue, 10 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48266