TMI Blog2001 (8) TMI 522X X X X Extracts X X X X X X X X Extracts X X X X ..... d by M/s. Himachal Futuristic Communications Ltd., the issue involved is whether Modvat credit under Rule 57Q is available in respect of selective level meter and PCM Terminal Test Set. 2. Shri Ajay Jain, learned Advocate submitted that Applicants manufacture sophisticated Electrical Equipments for communication purpose; that sophisticated equipments cannot be manufactured without the use of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ump. The reliance was also placed on the decision in the case of CCE, Chennai v. Cut Fast Abrasives Tools Ltd., 2001 (136) E.L.T. 710 (T) = 2001 (97) ECR 334 and CCE, Indore v. Nicholas Piramal India Ltd., 2000 (118) E.L.T. 408 (T). 3. Countering the arguments, Shri Ashok Kumar, learned DR, reiterated the findings as contained in the Impugned Order to the effect that impugned items were included ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) E.L.T. 47 (Tribunal-LB) = 1999 (32) RLT 379 and CCE, Indore v. Surya Roshni Ltd., 2001 (128) E.L.T. 293 (Tribunal-LB) = 2001 (42) RLT 817 any item which satisfies the criteria laid down in Explanation (1) to Rule 57Q will be eligible for capital goods credit. Both the impugned products are used for processing the final products as they are used for testing various parameters at each stage of ass ..... X X X X Extracts X X X X X X X X Extracts X X X X
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