https://www.taxtmi.com/caselaws?id=52190 Credit under Rule 57Q required a direct functional nexus with manufacture as capital goods or part of plant and machinery. Hacksaw blades used only for repairs and maintenance did not qualify because they were not used for producing or processing goods, so credit was denied. Goods used in mines situated away from the factory also were ineligible, as off-factory use did not satisfy the rule. By contrast, M.S. pipes and pipe fittings used within the factory to convey water, steam, gases and hot air for cement manufacture were treated as capital goods, so credit was allowed. Syntex water storage tanks were not eligible because mere storage of water without an integral manufacturing nexus was insufficient. en-us Mon, 18 Aug 2003 00:00:00 +0530 Mon, 04 Oct 2010 11:18:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52190 Credit under Rule 57Q required a direct functional nexus with manufacture as capital goods or part of plant and machinery. Hacksaw blades used only for repairs and maintenance did not qualify because they were not used for producing or processing goods, so credit was denied. Goods used in mines situated away from the factory also were ineligible, as off-factory use did not satisfy the rule. By contrast, M.S. pipes and pipe fittings used within the factory to convey water, steam, gases and hot air for cement manufacture were treated as capital goods, so credit was allowed. Syntex water storage tanks were not eligible because mere storage of water without an integral manufacturing nexus was insufficient. Case-Laws Central Excise Mon, 18 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52190