https://www.taxtmi.com/caselaws?id=87564 Refractories used as furnace lining material were considered eligible for Modvat credit for the period before 16-3-1995. The analysis applied earlier decisions treating parts and spares of items covered by the exclusion clause as outside that exclusion, and treated the 16-3-1995 amendment as clarificatory. On that reasoning, the refractories were regarded as modvatable either as inputs under Rule 57A or as capital goods under Rule 57Q, with eligibility extending to the pre-amendment period. en-us Mon, 15 Sep 1997 00:00:00 +0530 Tue, 06 Sep 2011 18:18:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87564 Refractories used as furnace lining material were considered eligible for Modvat credit for the period before 16-3-1995. The analysis applied earlier decisions treating parts and spares of items covered by the exclusion clause as outside that exclusion, and treated the 16-3-1995 amendment as clarificatory. On that reasoning, the refractories were regarded as modvatable either as inputs under Rule 57A or as capital goods under Rule 57Q, with eligibility extending to the pre-amendment period. Case-Laws Central Excise Mon, 15 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87564