https://www.taxtmi.com/caselaws?id=51071 Iron and steel bars, channels, angles, shapes, sections, M.S. rods, H.R. iron plates, M.S. joist structure, jointing sheets and packing sheets used for repairing and maintaining plant and machinery in a sugar mill were treated as capital goods under Rule 57Q. The Tribunal followed earlier decisions holding that plates, bars and rods used as replacement materials for damaged machinery parts can qualify where they are used in repair of plant, storage tanks, boilers or kiln shells. On the admitted facts, the items were on the same footing, so Modvat credit was admissible. en-us Fri, 19 Oct 2001 00:00:00 +0530 Wed, 22 Sep 2010 15:21:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51071 Iron and steel bars, channels, angles, shapes, sections, M.S. rods, H.R. iron plates, M.S. joist structure, jointing sheets and packing sheets used for repairing and maintaining plant and machinery in a sugar mill were treated as capital goods under Rule 57Q. The Tribunal followed earlier decisions holding that plates, bars and rods used as replacement materials for damaged machinery parts can qualify where they are used in repair of plant, storage tanks, boilers or kiln shells. On the admitted facts, the items were on the same footing, so Modvat credit was admissible. Case-Laws Central Excise Fri, 19 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51071