https://www.taxtmi.com/caselaws?id=51055 A lathe machine used only for smoothing and repairing rollers of a cold rolling mill was not accepted as capital goods for Modvat credit under Rule 57Q. On the admitted facts, it was neither an accessory nor part of the rolling mill, and the record did not show use in the manufacture of the final product. A claim based on indirect use in manufacture was therefore rejected on the facts of the case, and denial of Modvat credit was upheld. en-us Wed, 10 Oct 2001 00:00:00 +0530 Wed, 22 Sep 2010 14:05:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51055 A lathe machine used only for smoothing and repairing rollers of a cold rolling mill was not accepted as capital goods for Modvat credit under Rule 57Q. On the admitted facts, it was neither an accessory nor part of the rolling mill, and the record did not show use in the manufacture of the final product. A claim based on indirect use in manufacture was therefore rejected on the facts of the case, and denial of Modvat credit was upheld. Case-Laws Central Excise Wed, 10 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51055