https://www.taxtmi.com/caselaws?id=78833 Under the amended Rule 57B, petroleum products used in generating electricity qualified as eligible inputs for Modvat credit, following a later binding decision that settled the rule's scope. The admissible credit varied by period: actual duty paid up to 2 June 1998 and 95% of the duty paid thereafter. The earlier denial of credit was therefore unsustainable, and entitlement to credit was affirmed for both relevant periods. en-us Wed, 01 Dec 2010 00:00:00 +0530 Fri, 04 Nov 2016 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78833 Under the amended Rule 57B, petroleum products used in generating electricity qualified as eligible inputs for Modvat credit, following a later binding decision that settled the rule's scope. The admissible credit varied by period: actual duty paid up to 2 June 1998 and 95% of the duty paid thereafter. The earlier denial of credit was therefore unsustainable, and entitlement to credit was affirmed for both relevant periods. Case-Laws Central Excise Wed, 01 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78833