1996 (8) TMI 240 - AT - Central Excise

Summary

The Revenue appealed against the Commissioner (Appeals) Customs and Central Excise's decision to allow Modvat credit under Rule 57Q of Central Excise Rules, 1944. The appellant argued that transformers are not capital goods as they do not process goods or bring about changes in substances for final products. The respondents argued that transformers qualify as capital goods under the broader definition of Rule 57Q. The Tribunal upheld the Commissioner's decision, stating that the transformer in question was integral to the plant and machinery, dismissing the appeal. (Case Citation: 1996 (8) TMI 240 - CEGAT, NEW DELHI)