https://www.taxtmi.com/caselaws?id=54639 Modvat credit under Rule 57Q was confined to capital goods and their components used within the factory premises. Components of a wagon drill deployed in limestone mines outside the cement factory did not qualify, because they were not used in or in relation to the factory premises. By contrast, iron and steel materials and parts used to fabricate a generator set and crusher plant within the factory were eligible, as those goods fell within Rule 57Q and the fabrication was carried out on-site. The note therefore treats outside-factory deployment as outside the credit scope, while recognising credit for in-factory fabrication of eligible capital goods. en-us Tue, 29 Nov 2005 00:00:00 +0530 Thu, 21 Oct 2010 12:19:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54639 Modvat credit under Rule 57Q was confined to capital goods and their components used within the factory premises. Components of a wagon drill deployed in limestone mines outside the cement factory did not qualify, because they were not used in or in relation to the factory premises. By contrast, iron and steel materials and parts used to fabricate a generator set and crusher plant within the factory were eligible, as those goods fell within Rule 57Q and the fabrication was carried out on-site. The note therefore treats outside-factory deployment as outside the credit scope, while recognising credit for in-factory fabrication of eligible capital goods. Case-Laws Central Excise Tue, 29 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54639