https://www.taxtmi.com/caselaws?id=53636 Under Rule 57Q of the Central Excise Rules, 1944, eligibility for Modvat credit turned on tariff-based classification of the capital goods during the relevant period. A high-pressure boiler classifiable under Heading 84.02 fell within the eligible capital goods table, and its components, spares and accessories were therefore covered as well. The fact that the boiler generated steam used partly for electricity generation, with that electricity not wholly captively consumed, did not defeat credit once the goods satisfied the Rule 57Q classification requirement. On that basis, denial of Modvat credit on the components was unsustainable. en-us Tue, 28 Dec 2004 00:00:00 +0530 Thu, 14 Oct 2010 13:44:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53636 Under Rule 57Q of the Central Excise Rules, 1944, eligibility for Modvat credit turned on tariff-based classification of the capital goods during the relevant period. A high-pressure boiler classifiable under Heading 84.02 fell within the eligible capital goods table, and its components, spares and accessories were therefore covered as well. The fact that the boiler generated steam used partly for electricity generation, with that electricity not wholly captively consumed, did not defeat credit once the goods satisfied the Rule 57Q classification requirement. On that basis, denial of Modvat credit on the components was unsustainable. Case-Laws Central Excise Tue, 28 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53636