2005 (10) TMI 403

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..... : P.G. Chacko, Member (J)]. This appeal of the Revenue is against grant, by the lower appellate authority, of capital goods credit on the following goods :- (i) Spiral welded commercial quality pipes (ii) Junction Box, Electric Wires, Cables, Fuses (iii) Transformers (iv) Cranes (v) Various pumps : Spares for High pressure pumps, Spares for jet pumps, Toyo Submersib .....

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..... he raw materials) to be used in the process of manufacture of final product and, thefefore, capital goods credit would be available to such pumps for the period of dispute. The Supreme Court s judgment in Jawahar Mills case is in support of the admissibility of capital goods credit to such pumps. However, in respect of one item viz. Toyo Submersible Agitator Sand Pump , which figures as one of th .....

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