https://www.taxtmi.com/caselaws?id=53120 Modvat credit as capital goods was denied for coal bunkers, chequered plates, hard plates, columns, bracings and HR coils because none was shown to fall within machine, machinery, plant, equipment, component, spare or accessory as required by the governing rule. Coal bunkers were treated as temporary storage items, not part of the boiler or power plant; the plates were general-purpose materials with no proved machinery-specific use; columns and bracings were construction materials; and HR coils were not established as recognised machinery components or accessories. The denial of credit on all disputed items was sustained. en-us Tue, 24 Aug 2004 00:00:00 +0530 Mon, 01 Jul 2024 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53120 Modvat credit as capital goods was denied for coal bunkers, chequered plates, hard plates, columns, bracings and HR coils because none was shown to fall within machine, machinery, plant, equipment, component, spare or accessory as required by the governing rule. Coal bunkers were treated as temporary storage items, not part of the boiler or power plant; the plates were general-purpose materials with no proved machinery-specific use; columns and bracings were construction materials; and HR coils were not established as recognised machinery components or accessories. The denial of credit on all disputed items was sustained. Case-Laws Central Excise Tue, 24 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53120