https://www.taxtmi.com/caselaws?id=91925 Scrap generated from breaking imported ships was treated as eligible for Modvat credit at the higher amount shown in the gate passes, because prior Tribunal decisions consistently recognised credit equal to the duty paid on such scrap. The claimed entitlement was also supported by Notifications Nos. 62/90 and 60/90. The restriction said to arise under Notification No. 177/86 was held not to override that settled position, and the respondents were found entitled to the higher Modvat credit; the appeals were rejected. en-us Mon, 26 Jul 1999 00:00:00 +0530 Fri, 21 Oct 2011 18:32:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91925 Scrap generated from breaking imported ships was treated as eligible for Modvat credit at the higher amount shown in the gate passes, because prior Tribunal decisions consistently recognised credit equal to the duty paid on such scrap. The claimed entitlement was also supported by Notifications Nos. 62/90 and 60/90. The restriction said to arise under Notification No. 177/86 was held not to override that settled position, and the respondents were found entitled to the higher Modvat credit; the appeals were rejected. Case-Laws Central Excise Mon, 26 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91925