2001 (8) TMI 674 - AT - Central Excise

Summary

The Revenue appealed against the allowance of Modvat credit for Electric Motor, Gear Motor, Wire and Cables, and Carbon brushes under Rule 57Q of the Central Excise Rules. The Tribunal upheld the decision based on the definition of capital goods and previous Supreme Court rulings. Wires and Cables, Electric and Gear Motors were deemed eligible for credit, and Carbon brushes as parts of the Overhead blower were also allowed credit. The appeal was rejected.