https://www.taxtmi.com/caselaws?id=49863 Steel items used to fabricate skid rails, skid tubes and stands for furnace operation did not qualify as capital goods or as parts, components, spares or accessories of the furnace under Rule 57Q. The fabricated structures merely facilitated holding and movement of material into the furnace, while the furnace remained complete without them; their wear and replacement did not convert the inputs into eligible consumables. The authorities followed the principle that steel used for construction or support structures, rather than integral machinery parts, falls outside Modvat credit eligibility. Credit was therefore denied and that denial was upheld. en-us Fri, 28 Jul 2000 00:00:00 +0530 Wed, 18 Aug 2010 11:12:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49863 Steel items used to fabricate skid rails, skid tubes and stands for furnace operation did not qualify as capital goods or as parts, components, spares or accessories of the furnace under Rule 57Q. The fabricated structures merely facilitated holding and movement of material into the furnace, while the furnace remained complete without them; their wear and replacement did not convert the inputs into eligible consumables. The authorities followed the principle that steel used for construction or support structures, rather than integral machinery parts, falls outside Modvat credit eligibility. Credit was therefore denied and that denial was upheld. Case-Laws Central Excise Fri, 28 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49863