TMI Blog1997 (8) TMI 152X X X X Extracts X X X X X X X X Extracts X X X X ..... mber (T)]. Lower authorities in the present case disallowed Modvat credit as capital goods on the following items : (i) Malic Resins, Electric wire and cables, Hubs and Blades, Switch gear and HRC Fuses. 2. Being aggrieved by the above findings, the appellants have filed the present appeal before this Tribunal. 3. Appearing for the appellants Shri A.P. Mathur, ld. counsel submits that, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ome of the products holding that the products are capital goods and, therefore, are eligible for Modvat credit. He submits that Malic Resins are used for coating pipes and tubes, vessels and machines etc. And since these are used for coating, therefore, they are also in the nature of capital goods. However, he could not produce any decision of the Tribunal specifically covering Malic Resins. 5. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ld. counsel submits that these goods are covered by the decision of the Tribunal in the case of Modi Alkalies and Chemicals Limited v. Collector of Central Excise, Jaipur - 1996 (88) E.L.T. 555 (Tribunal) wherein the Tribunal had held that switches in a panel board in a chemical plant are components/spare parts of the chemical plant which is used for producing chemicals are covered by the Explana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... contention of the ld. counsel for the appellants. We also have perused the case law cited and relied upon and we find that all these items except Malic Resins are parts, equipments, apparatus, etc. of plant and machinery and, therefore, are eligible for Modvat credit. We hold accordingly. 11. In the result, the appeal is allowed except for Malic Resins. Stay application also stands disposed of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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