https://www.taxtmi.com/caselaws?id=90208 Refractory bricks used in a furnace were treated as eligible for Modvat credit under Rule 57Q because they fell within the general definition of capital goods in clauses (a), (b) and (c). Notification No. 11/95-C.E. (N.T.), which inserted clause (d), was viewed as a clarificatory amendment introduced by way of abundant caution to settle an existing controversy, and was therefore applied retrospectively. The Tribunal's earlier view remained undisturbed, as no higher forum reversal was shown, and credit on the refractory bricks was sustained. en-us Fri, 30 Oct 1998 00:00:00 +0530 Tue, 04 Oct 2011 13:25:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90208 Refractory bricks used in a furnace were treated as eligible for Modvat credit under Rule 57Q because they fell within the general definition of capital goods in clauses (a), (b) and (c). Notification No. 11/95-C.E. (N.T.), which inserted clause (d), was viewed as a clarificatory amendment introduced by way of abundant caution to settle an existing controversy, and was therefore applied retrospectively. The Tribunal's earlier view remained undisturbed, as no higher forum reversal was shown, and credit on the refractory bricks was sustained. Case-Laws Central Excise Fri, 30 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90208