2005 (7) TMI 22

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... same was not available in respect of the lubricating oils, greases, cutting oils and coolants, which were declared by the appellants as capital goods under Rule 57Q of Central Excise Rules, 1944 but were used as inputs in the manufacture of their final products, during the period 1-3-1997 to 31-8-1997. During the said period, the inputs in question were excluded from the purview of inputs under R....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....'s contention is that greases were admittedly used in the factory for the manufacture of their final products. The fact that the same were used in 2/3 wheelers and not in the machinery cannot be made a ground for denying the benefit of the credit. I agree with the above contention of the appellants. There is nothing in the definition of capital goods under Rule 57Q to oust certain goods, if used d....