https://www.taxtmi.com/caselaws?id=92364 A clarificatory amendment to the Modvat capital goods notification was treated as retrospective, so diesel generating sets classifiable under Heading 8502.00 fell within the definition of capital goods. The earlier capacity restriction no longer applied under the amended provision, and Modvat credit became admissible on such generating sets. On that basis, the diesel generating set qualified for credit and the Revenue's appeal failed. en-us Tue, 11 May 1999 00:00:00 +0530 Tue, 01 Nov 2011 11:12:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92364 A clarificatory amendment to the Modvat capital goods notification was treated as retrospective, so diesel generating sets classifiable under Heading 8502.00 fell within the definition of capital goods. The earlier capacity restriction no longer applied under the amended provision, and Modvat credit became admissible on such generating sets. On that basis, the diesel generating set qualified for credit and the Revenue's appeal failed. Case-Laws Central Excise Tue, 11 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92364