https://www.taxtmi.com/caselaws?id=53647 Modvat credit on capital goods requires a demonstrated functional nexus with manufacture. The Cores System with Monitor did not satisfy the Rule 57Q requirement of use in processing or bringing about a change in substance for the final products, and the claim lacked substantiation; credit was therefore denied. Ropeway Parts and Steel Wire Rope used to transport limestone from mines to the cement factory formed part of an integrated manufacturing arrangement. Following the earlier treatment of identical goods, credit for those ropeway-related items was accepted. The appeals were partially allowed, with credit available only for the ropeway-related goods. en-us Wed, 01 Dec 2004 00:00:00 +0530 Thu, 14 Oct 2010 14:08:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53647 Modvat credit on capital goods requires a demonstrated functional nexus with manufacture. The Cores System with Monitor did not satisfy the Rule 57Q requirement of use in processing or bringing about a change in substance for the final products, and the claim lacked substantiation; credit was therefore denied. Ropeway Parts and Steel Wire Rope used to transport limestone from mines to the cement factory formed part of an integrated manufacturing arrangement. Following the earlier treatment of identical goods, credit for those ropeway-related items was accepted. The appeals were partially allowed, with credit available only for the ropeway-related goods. Case-Laws Central Excise Wed, 01 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53647