1997 (7) TMI 354

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....he Respondent. [Order per : K.S. Venkataramani, Member (T)]. -  The application is for dispensing with the pre-deposit of duty of Rs. 6,28,064/- and of penalty Rs. 6,30,000/-. The Commissioner in the adjudication order has held that the applicants are not eligible for taking capital goods Modvat credit under Rule 57Q on Gear Boxes and Measuring Tanks. 2. Ld. Counsel Shri R.S. Dinkar s....

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....ed in Rule 57Q(i)(a). In this case the Gear Boxes function as part of machine being mechanic device installed in the reaction vessels for driving the stirrer for preparation of slurry in the reactor, after addition of various raw materials. Measuring tanks comes in the use for pumping into it measured quantity of the liquid raw material. These tanks are connected to the glass tube which shows exac....