2001 (10) TMI 672 - AT - Central Excise

Summary

The appellate tribunal allowed the appeal by the assessee regarding the denial of Modvat credit on HPLC system as capital goods. The HPLC system was considered eligible for capital goods credit as it was used in the manufacturing process to ensure the purity of the final product, as per Rule 57Q. The decision was supported by a previous case involving similar equipment.