https://www.taxtmi.com/caselaws?id=48870 Rule 57Q treated "capital goods" as a self-contained category for Modvat credit, covering machinery, plant, equipment, apparatus, tools, appliances, components, spare parts, accessories, moulds, dies, generating sets and weigh bridges used in the factory for manufacture-related purposes. The scope of eligibility was held to flow from the rule itself and not be curtailed by Section XVI Notes of the Central Excise Tariff Act, 1985, and noscitur a sociis was found inapplicable. Later notifications that enlarged the Explanation extended credit only from their respective effective dates and did not operate retrospectively. The earlier Tribunal rulings were held to operate in different fields, so no real conflict survived. en-us Tue, 30 Jan 2001 00:00:00 +0530 Tue, 06 Jan 2026 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48870 Rule 57Q treated "capital goods" as a self-contained category for Modvat credit, covering machinery, plant, equipment, apparatus, tools, appliances, components, spare parts, accessories, moulds, dies, generating sets and weigh bridges used in the factory for manufacture-related purposes. The scope of eligibility was held to flow from the rule itself and not be curtailed by Section XVI Notes of the Central Excise Tariff Act, 1985, and noscitur a sociis was found inapplicable. Later notifications that enlarged the Explanation extended credit only from their respective effective dates and did not operate retrospectively. The earlier Tribunal rulings were held to operate in different fields, so no real conflict survived. Case-Laws Central Excise Tue, 30 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48870