https://www.taxtmi.com/caselaws?id=89940 Modvat credit under Rule 57Q was confined to capital goods used in eligible manufacturing operations for the pre-21-10-1994 period. Machinery used for obtaining carded or combed cotton, including the carding machine and spare parts of the blow room, was treated as outside the benefit then available, and the later notification was not applied retrospectively. Goods used in post-carding operations were treated differently and remained eligible for credit. en-us Fri, 11 Dec 1998 00:00:00 +0530 Sat, 01 Oct 2011 13:42:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89940 Modvat credit under Rule 57Q was confined to capital goods used in eligible manufacturing operations for the pre-21-10-1994 period. Machinery used for obtaining carded or combed cotton, including the carding machine and spare parts of the blow room, was treated as outside the benefit then available, and the later notification was not applied retrospectively. Goods used in post-carding operations were treated differently and remained eligible for credit. Case-Laws Central Excise Fri, 11 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89940