2006 (2) TMI 1 - SC - Central Excise

Cenvat/Modvat Credit - Capital goods - Held that:- if the mines are captive mines so that they constitute one integrated unit together with the concerned cement factory, Modvat/Cenvat credit on capital goods will be available to the assessee. On the other hand, if the mines are not captive mines but they supply to various other cement companies of different assessees, Modvat/Cenvat credit on capital goods used in such mines will not be available to the concerned assessee under the appropriate Modvat/Cenvat Rules - Following decision of Vikram Cement v. CCE [2006 (1) TMI 130 - SUPREME COURT OF INDIA] - Matter remanded back - Decided in favour of assessee.