2001 (6) TMI 155

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....up for final disposal on granting waiver of pre-deposit of duty of Rs. 26,410.40 and penalty of Rs. 1,000/-. 2. The dispute is on the availability of certain articles in terms of Rule 57Q of the Central Excise Rules, 1944. The denial of credit on Fire Extinguishers on the ground that they were safety devices and did not participate in the production of goods, is not very keenly contested. Samot....

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....ipur v. Bhilai Engg. Corpn.] in which similar goods in identical circumstances were held to be eligible. 3. There is a difference between Modvat credit on capital goods and Modvat credit on inputs. In the case of latter there are two conditions. Firstly, the inputs must be used in the manufacture of the final goods and secondly those final goods must be cleared on payment of duty. The situation....