1999 (10) TMI 312 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi upheld the decision that Voltage Stabilizers and Micro Converters used in manufacturing Telecommunication cables are capital goods eligible for Modvat credit under Rule 57Q and Rule 57A of the Central Excise Rules. The Tribunal found that both items are essential for maintaining machine parameters and processing final products, thus confirming the availability of credit as capital goods.