https://www.taxtmi.com/caselaws?id=54032 Credit as capital goods was held admissible on a bagasse baling press used in the factory to bale bagasse for fuel in boilers, where the resulting steam and electricity were employed in sugar manufacture. The exemption attached to bagasse did not by itself defeat credit, because the relevant restriction under Rule 57R(1) applies only when capital goods are used exclusively to produce an exempt final product or a nil-rate product. The machine's essential use in the manufacturing process was sufficient, and the fact that some bagasse was cleared did not alter that conclusion. en-us Wed, 27 Apr 2005 00:00:00 +0530 Sat, 16 Oct 2010 14:54:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54032 Credit as capital goods was held admissible on a bagasse baling press used in the factory to bale bagasse for fuel in boilers, where the resulting steam and electricity were employed in sugar manufacture. The exemption attached to bagasse did not by itself defeat credit, because the relevant restriction under Rule 57R(1) applies only when capital goods are used exclusively to produce an exempt final product or a nil-rate product. The machine's essential use in the manufacturing process was sufficient, and the fact that some bagasse was cleared did not alter that conclusion. Case-Laws Central Excise Wed, 27 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54032