https://www.taxtmi.com/caselaws?id=92219 The Explanation inserted in Rule 57B by Notification No. 5/98 was held to operate only from the date of its publication in the Official Gazette and not retrospectively. It confined the term "input" to inputs specified in a notification issued under Rule 57A, and the amendment was not treated as merely clarificatory. As the notification itself fixed its effective date and earlier Tribunal authority had already taken the same view, the assessee remained entitled to modvat credit for the period before the amendment, and the Revenue's challenge failed. en-us Wed, 01 Sep 1999 00:00:00 +0530 Mon, 31 Oct 2011 10:48:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92219 The Explanation inserted in Rule 57B by Notification No. 5/98 was held to operate only from the date of its publication in the Official Gazette and not retrospectively. It confined the term "input" to inputs specified in a notification issued under Rule 57A, and the amendment was not treated as merely clarificatory. As the notification itself fixed its effective date and earlier Tribunal authority had already taken the same view, the assessee remained entitled to modvat credit for the period before the amendment, and the Revenue's challenge failed. Case-Laws Central Excise Wed, 01 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92219