https://www.taxtmi.com/caselaws?id=50014 Rule 57Q was treated as covering capital goods such as plant, machinery, equipment and functionally connected auxiliary items, even where they did not directly participate in manufacture. Credit was therefore upheld for items falling within that wider functional nexus, but denied for milling machine and precision lathe used for repair work, EPBAX, lighting fittings, air-conditioner, and steel structurals and cement used for plant construction, as these were considered peripheral or pre-plant construction materials rather than capital goods. Penalty was held unsustainable because a wrong credit claim, supported by a plausible interpretation and comparable decisions, did not by itself show conscious delinquency. en-us Wed, 29 Mar 2000 00:00:00 +0530 Thu, 19 Aug 2010 11:49:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50014 Rule 57Q was treated as covering capital goods such as plant, machinery, equipment and functionally connected auxiliary items, even where they did not directly participate in manufacture. Credit was therefore upheld for items falling within that wider functional nexus, but denied for milling machine and precision lathe used for repair work, EPBAX, lighting fittings, air-conditioner, and steel structurals and cement used for plant construction, as these were considered peripheral or pre-plant construction materials rather than capital goods. Penalty was held unsustainable because a wrong credit claim, supported by a plausible interpretation and comparable decisions, did not by itself show conscious delinquency. Case-Laws Central Excise Wed, 29 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50014