TMI Blog2000 (8) TMI 768X X X X Extracts X X X X X X X X Extracts X X X X ..... ainst the order passed by the Commissioner (Appeals) bearing No. 202/98 (M-III), dated 23-4-1998 granting benefit of Modvat credit on a large number of items. The present appeal relates only to one item i.e. copper cable (copper conductor) used in the centralised Air Conditioning Plant which has been held to be capital goods for grant of Modvat credit in terms of Rule 57Q of the C.E. Rules. 2. T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g plant which create Air Conditioned atmosphere which is conducive for the manufacture of the watches and watch components are required to be treated as capital goods. Likewise he also relied upon the judgment in the case of CCE v. SPIC Pharmaceuticals Ltd. as reported in 2001 (138) E.L.T. 929 (Tribunal) = 2000 (39) RLT 871 wherein also it was held that Air Conditioner used for maintaining the pro ..... X X X X Extracts X X X X X X X X Extracts X X X X
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