https://www.taxtmi.com/caselaws?id=94800 The Tribunal dismissed the application concerning the use of Modvat credit for duty payment on cars and the similarity between cars and commercial vehicles. It upheld that duty paid on inputs for manufacturing commercial vehicles cannot be used for car duty payment. The Tribunal found that cars and commercial vehicles, despite differences in size and capacity, operate on similar engineering and technological principles, aligning with the Supreme Court's interpretation of "similar." The decision emphasized that similarity does not require identical characteristics but corresponding features in various respects. The Tribunal's ruling was not challenged, and no High Court reference was deemed necessary. en-us Mon, 04 Oct 1999 00:00:00 +0530 Sat, 03 Dec 2011 18:21:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94800 The Tribunal dismissed the application concerning the use of Modvat credit for duty payment on cars and the similarity between cars and commercial vehicles. It upheld that duty paid on inputs for manufacturing commercial vehicles cannot be used for car duty payment. The Tribunal found that cars and commercial vehicles, despite differences in size and capacity, operate on similar engineering and technological principles, aligning with the Supreme Court's interpretation of "similar." The decision emphasized that similarity does not require identical characteristics but corresponding features in various respects. The Tribunal's ruling was not challenged, and no High Court reference was deemed necessary. Case-Laws Central Excise Mon, 04 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94800