1999 (10) TMI 362

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....;In this case Modvat credit of Rs. 20,636/- has been disallowed on the ground that appellants herein availed this credit on H.R. plates, M.S. Rounds which are not to be treated as capital goods within the meaning of Rule 57Q of Central Excise Rules, 1944 . 2. It is the submission of the appellants that M. S. Rounds are used by them as tools to check liquidation of molten metal before tapping....

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....s of general use which is not permissible. 5. I have carefully considered the submissions. The Modvat credit on H. R. plates is not admissible since they are only in the nature of structural or construction material. Hence credit under Rule 57Q would not be available. As far as M.S. Rounds are concerned, I find that the Asst. Commissioner has not rebutted the contention of the assessee that ....