https://www.taxtmi.com/caselaws?id=52216 Modvat credit on a diesel locomotive engine was confined to capital goods used within the assessee's own factory under Rule 57Q of the Central Excise Rules, 1944. The term "factory" covered the premises and precincts where manufacturing was carried on, but not the premises of another separately registered factory merely because both units had common ownership. As the railway track and engine were located in the other factory's premises, and use within the assessee's factory was not established, the credit was held inadmissible. en-us Fri, 21 Mar 2003 00:00:00 +0530 Mon, 04 Oct 2010 12:18:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52216 Modvat credit on a diesel locomotive engine was confined to capital goods used within the assessee's own factory under Rule 57Q of the Central Excise Rules, 1944. The term "factory" covered the premises and precincts where manufacturing was carried on, but not the premises of another separately registered factory merely because both units had common ownership. As the railway track and engine were located in the other factory's premises, and use within the assessee's factory was not established, the credit was held inadmissible. Case-Laws Central Excise Fri, 21 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52216