2001 (2) TMI 762

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....er]. - The issue involved in this appeal, filed by Revenue, is whether Modvat credit under Rule 57A of the Central Excise Rules, is available in respect of tools during the period from 23-7-1996 to 31-8-1996 to M/s. Q.H. Talbros Ltd., Respondents. 2. Shri M.D. Singh, ld. SDR, submitted that as during the relevant period, tools were not covered within the definition of Capital Goods under R....

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.... the Commissioner (Appeals) was justified in holding that inputs credit was available in respect of tools under Rule 57A; that if tools are not capital goods, they will be inputs and it is not in dispute that tools were used by the Respondents in relation to the manufacture of their final products. 4. I have considered the submissions of both the sides. I find that it is the findings of Comm....