https://www.taxtmi.com/caselaws?id=94711 Modvat credit on steel forgings claimed as capital goods under Rule 57Q was not admissible because the forgings were not among the specified eligible items. A fresh alternative plea that the forgings should be treated as inputs under Rule 57A and protected by Rule 57D(2) could not be entertained at the second appellate stage, since it had not been raised before the lower authorities or in the memorandum of appeal and the other side had no opportunity to meet it. The credit claim therefore failed. en-us Fri, 31 Mar 2000 00:00:00 +0530 Sat, 03 Dec 2011 12:10:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94711 Modvat credit on steel forgings claimed as capital goods under Rule 57Q was not admissible because the forgings were not among the specified eligible items. A fresh alternative plea that the forgings should be treated as inputs under Rule 57A and protected by Rule 57D(2) could not be entertained at the second appellate stage, since it had not been raised before the lower authorities or in the memorandum of appeal and the other side had no opportunity to meet it. The credit claim therefore failed. Case-Laws Central Excise Fri, 31 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94711