https://www.taxtmi.com/caselaws?id=51750 In Appeal No. E/2223/2002-NB(S), the Modvat credit claim on a personal computer as capital goods was disallowed due to lack of evidence supporting its use for pre-determining raw material ratios. The judgment upheld the decision, stating the computer was used for record-keeping and did not meet the rule's specifications for capital goods. In Appeal No. E/2224/2002-NB(S), the Modvat credit claim for a Lighting Arrestor to protect a transformer was denied as it did not qualify as capital goods under Rule 57Q. The decision was based on the item's sole purpose of safeguarding the transformer, leading to the dismissal of both appeals. en-us Wed, 09 Oct 2002 00:00:00 +0530 Tue, 28 Sep 2010 10:17:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51750 In Appeal No. E/2223/2002-NB(S), the Modvat credit claim on a personal computer as capital goods was disallowed due to lack of evidence supporting its use for pre-determining raw material ratios. The judgment upheld the decision, stating the computer was used for record-keeping and did not meet the rule's specifications for capital goods. In Appeal No. E/2224/2002-NB(S), the Modvat credit claim for a Lighting Arrestor to protect a transformer was denied as it did not qualify as capital goods under Rule 57Q. The decision was based on the item's sole purpose of safeguarding the transformer, leading to the dismissal of both appeals. Case-Laws Central Excise Wed, 09 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51750