https://www.taxtmi.com/caselaws?id=52762 Excise credit under Rule 57Q was admissible on a ropeway and its parts because the ropeway was used to transport limestone for cement manufacture, even though part of it lay outside the factory. Credit was not admissible on blow bars, quarry equipment, welding electrodes, oxygen and other gases, as these were not treated as capital goods for the relevant purpose. Lubricants and refractory materials qualified as inputs under Rule 57A, so credit was available on them. Penalty was unsustainable because the credit was taken under a bona fide belief, without misdeclaration or suppression. en-us Tue, 06 Jan 2004 00:00:00 +0530 Thu, 07 Oct 2010 16:22:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52762 Excise credit under Rule 57Q was admissible on a ropeway and its parts because the ropeway was used to transport limestone for cement manufacture, even though part of it lay outside the factory. Credit was not admissible on blow bars, quarry equipment, welding electrodes, oxygen and other gases, as these were not treated as capital goods for the relevant purpose. Lubricants and refractory materials qualified as inputs under Rule 57A, so credit was available on them. Penalty was unsustainable because the credit was taken under a bona fide belief, without misdeclaration or suppression. Case-Laws Central Excise Tue, 06 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52762