https://www.taxtmi.com/caselaws?id=53227 Under Rule 57Q, capital goods credit depends on whether the item itself satisfies the statutory definition and is functionally used in manufacture. A transformer below 75 KVA used in the manufacturing process was held eligible for credit because the lower-capacity transformer was not excluded by the definition and remained a qualifying capital good. Cement, TOR steel and steel structures used in foundations and as conveyor supports were held ineligible because they formed part of civil construction or mere supporting structures, not machinery, plant, equipment or their components. en-us Wed, 02 Jun 2004 00:00:00 +0530 Mon, 11 Oct 2010 16:53:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53227 Under Rule 57Q, capital goods credit depends on whether the item itself satisfies the statutory definition and is functionally used in manufacture. A transformer below 75 KVA used in the manufacturing process was held eligible for credit because the lower-capacity transformer was not excluded by the definition and remained a qualifying capital good. Cement, TOR steel and steel structures used in foundations and as conveyor supports were held ineligible because they formed part of civil construction or mere supporting structures, not machinery, plant, equipment or their components. Case-Laws Central Excise Wed, 02 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53227