2005 (3) TMI 577

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Heard both sides. The Lower Authorities have denied the credit on programmable logic control system falling under Chapter Heading No. 84.71 on the ground that the same is specifically excluded from the purview of capital goods as per the Modvat scheme on capital goods. Both the Lower Authorities have held that Rule 57Q specifically excluded Heading No. 84.71 from the purview of capital goods as gi....