1999 (8) TMI 233 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi upheld the allowance of Modvat credit on capital goods like Power Cables, Nut Bolts, Thermo Couple. The Tribunal held that Power Cables are modvatable, Nut Bolts and Screws are part of machines, and Thermo Couple is a testing equipment, all qualifying as capital goods under Rule 57Q. Steam Generator and Gear Pump were not part of the appeal as they were allowed previously. The appeal was rejected, and the impugned order was upheld.