https://www.taxtmi.com/caselaws?id=90281 High speed diesel oil used within the factory to generate electricity for manufacture of final products was treated as eligible for Modvat credit. The Tribunal held that the second proviso to Rule 57D governed inputs used for electricity generation in the factory and prevailed over a contrary exclusion in the notification framework. It rejected the argument that diesel oil was ineligible merely because it was not specifically listed as an input under Rule 57A or 57B, and also declined the contention that a later notification operated retrospectively to bar credit, as the notification was stated to take effect from its publication date. en-us Fri, 05 Feb 1999 00:00:00 +0530 Tue, 04 Oct 2011 17:48:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90281 High speed diesel oil used within the factory to generate electricity for manufacture of final products was treated as eligible for Modvat credit. The Tribunal held that the second proviso to Rule 57D governed inputs used for electricity generation in the factory and prevailed over a contrary exclusion in the notification framework. It rejected the argument that diesel oil was ineligible merely because it was not specifically listed as an input under Rule 57A or 57B, and also declined the contention that a later notification operated retrospectively to bar credit, as the notification was stated to take effect from its publication date. Case-Laws Central Excise Fri, 05 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90281