https://www.taxtmi.com/caselaws?id=467197 Cranes used for lifting and moving materials were held to qualify as capital goods for modvat credit where their handling function is essential to manufacture; the controlling principle applied is that handling amounts to processing if the notified final product cannot be manufactured without that handling, and capital goods used "in or in relation to" manufacture attract modvat credit. On the admitted facts the cranes formed an essential part of the manufacturing stream and modvat credit was allowed, with revenue appeals dismissed and the decision below upheld in favour of the assessee. en-us Tue, 11 Mar 1997 00:00:00 +0530 Tue, 10 Mar 2026 12:51:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467197 Cranes used for lifting and moving materials were held to qualify as capital goods for modvat credit where their handling function is essential to manufacture; the controlling principle applied is that handling amounts to processing if the notified final product cannot be manufactured without that handling, and capital goods used "in or in relation to" manufacture attract modvat credit. On the admitted facts the cranes formed an essential part of the manufacturing stream and modvat credit was allowed, with revenue appeals dismissed and the decision below upheld in favour of the assessee. Case-Laws Central Excise Tue, 11 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467197