2006 (3) TMI 573

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..... ides and perused the records. 2. The dispute is about Modvat credit on control transformers, inverters, hy-draulic oil and air-conditioners. The appellant is a manufacturer of parts and sub-assemblies for lifts. All items other than air conditioners were directly found to be used in the manufacture of excisable lift parts/segments cleared and value of these items remain included in the assessabl .....

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..... this, the ld. JDR has pointed out that the Tribunal has held in the case of Jaypee Bela Plant reported in 2003 (161) E.L.T. 422 (Tribunal-Delhi) that the air-conditioners felling under Heading 84.15 is specifically excluded from the definition of capital goods and Modvat credit is not admissible under Rule 57Q as capital goods. 6. There is apparently conflicting views with regard to eligibility .....

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