2001 (2) TMI 762

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..... Revenue, is whether Modvat credit under Rule 57A of the Central Excise Rules, is available in respect of tools during the period from 23-7-1996 to 31-8-1996 to M/s. Q.H. Talbros Ltd., Respondents. 2. Shri M.D. Singh, ld. SDR, submitted that as during the relevant period, tools were not covered within the definition of Capital Goods under Rule 57Q, the Assistant Commissioner, disallowed the Capi .....

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..... puts credit was available in respect of tools under Rule 57A; that if tools are not capital goods, they will be inputs and it is not in dispute that tools were used by the Respondents in relation to the manufacture of their final products. 4. I have considered the submissions of both the sides. I find that it is the findings of Commissioner (Appeals) that during the relevant period, tools were n .....

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