2001 (3) TMI 669 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi ruled in favor of the respondents, allowing Modvat credit on "4 Wire Temperature Transmitters" as it is used in relation to the manufacture of final products, even though it does not have a direct role in production. The Commissioner (Appeals) decision was upheld, stating that the item qualifies as a capital good under Rule 57Q for availing Modvat credit.