https://www.taxtmi.com/caselaws?id=51970 A cement rubber vulcanising press did not qualify as capital goods under Rule 57Q because it was not shown to be used for producing or processing goods or for bringing about a change in any substance used in manufacture. Cement used in the foundation of machinery was treated as not forming part of the machinery or equipment itself, and the press was used only for repairing or forming the covering of a conveyor belt used to transport raw material. On that basis, credit was rightly denied. en-us Tue, 29 Jul 2003 00:00:00 +0530 Wed, 29 Sep 2010 15:19:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51970 A cement rubber vulcanising press did not qualify as capital goods under Rule 57Q because it was not shown to be used for producing or processing goods or for bringing about a change in any substance used in manufacture. Cement used in the foundation of machinery was treated as not forming part of the machinery or equipment itself, and the press was used only for repairing or forming the covering of a conveyor belt used to transport raw material. On that basis, credit was rightly denied. Case-Laws Central Excise Tue, 29 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51970