https://www.taxtmi.com/caselaws?id=90418 Refractory materials such as bricks and castables used in furnace lining and insulation were treated as capital goods under Rule 57Q, because the later insertion of refractories by Notification No. 11/95-C.E. was viewed as clarificatory and capable of retrospective operation for the relevant pre-16-3-1995 period. Credit on Poly Vinyl Alcohol was also allowed under Rule 57H(1B), since the transitional provision with a non-obstante clause was held to override the general declaration requirement for inputs received before filing. By contrast, air compressors used for refrigeration and air-conditioning were excluded from Modvat credit under Rule 57Q(1)(d), so disallowance on that item was sustained. en-us Fri, 26 Sep 1997 00:00:00 +0530 Fri, 07 Oct 2011 12:44:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90418 Refractory materials such as bricks and castables used in furnace lining and insulation were treated as capital goods under Rule 57Q, because the later insertion of refractories by Notification No. 11/95-C.E. was viewed as clarificatory and capable of retrospective operation for the relevant pre-16-3-1995 period. Credit on Poly Vinyl Alcohol was also allowed under Rule 57H(1B), since the transitional provision with a non-obstante clause was held to override the general declaration requirement for inputs received before filing. By contrast, air compressors used for refrigeration and air-conditioning were excluded from Modvat credit under Rule 57Q(1)(d), so disallowance on that item was sustained. Case-Laws Central Excise Fri, 26 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90418