2000 (2) TMI 376 - AT - Central Excise

Summary

The appeal was filed by the revenue against an order allowing Modvat credit on electric motors, hydraulic tracer, and flat template as capital goods under Rule 57Q of the Central Excise Rules. The Tribunal upheld the decision, stating that electric motors are prime movers necessary for machine functioning and hydraulic tracer and flat template are parts of lathe machines used in manufacturing final products. The appeal was rejected, finding no issue with the impugned order.