https://www.taxtmi.com/caselaws?id=50707 Materials such as mild steel channels, angles, plates and joists used only to erect the civil structure and foundation for a forging hammer machine were not treated as capital goods under Rule 57Q. The goods merely provided structural support and did not participate in the manufacturing process of the final product; the machine itself was a bought-out item, and the assessee was not manufacturing it. Modvat credit was therefore denied, and the disallowance was upheld. en-us Fri, 20 Jul 2001 00:00:00 +0530 Wed, 25 Aug 2010 15:07:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50707 Materials such as mild steel channels, angles, plates and joists used only to erect the civil structure and foundation for a forging hammer machine were not treated as capital goods under Rule 57Q. The goods merely provided structural support and did not participate in the manufacturing process of the final product; the machine itself was a bought-out item, and the assessee was not manufacturing it. Modvat credit was therefore denied, and the disallowance was upheld. Case-Laws Central Excise Fri, 20 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50707