https://www.taxtmi.com/caselaws?id=54477 Modvat credit on capital goods was treated as admissible where the goods were purchased under duty-paid invoices describing them under independent chapter sub-headings, none of which fell within the exclusion under Rule 57Q. The analysis states that credit taken on the strength of those invoices could not be denied merely because the goods were ultimately used in assembling a fire hydrant system, since the rule did not impose an end-use restriction. The stated consequence was that denial of credit was unsustainable and the assessee was entitled to the claimed credit with consequential relief. en-us Thu, 23 Jun 2005 00:00:00 +0530 Wed, 20 Oct 2010 11:56:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54477 Modvat credit on capital goods was treated as admissible where the goods were purchased under duty-paid invoices describing them under independent chapter sub-headings, none of which fell within the exclusion under Rule 57Q. The analysis states that credit taken on the strength of those invoices could not be denied merely because the goods were ultimately used in assembling a fire hydrant system, since the rule did not impose an end-use restriction. The stated consequence was that denial of credit was unsustainable and the assessee was entitled to the claimed credit with consequential relief. Case-Laws Central Excise Thu, 23 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54477