https://www.taxtmi.com/caselaws?id=95532 A reference application seeking the High Court's opinion on Modvat credit for capital goods was held not maintainable because the issue had already been concluded by binding High Court and Supreme Court decisions. The Tribunal had earlier found the goods to be capital goods eligible for Modvat credit under Rule 57Q, and it noted that the same legal point had already attained finality through judicial pronouncements. A matter settled by binding precedent need not be referred again for a second opinion, so the reference application was rejected. en-us Fri, 10 Sep 1999 00:00:00 +0530 Tue, 13 Dec 2011 12:33:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95532 A reference application seeking the High Court's opinion on Modvat credit for capital goods was held not maintainable because the issue had already been concluded by binding High Court and Supreme Court decisions. The Tribunal had earlier found the goods to be capital goods eligible for Modvat credit under Rule 57Q, and it noted that the same legal point had already attained finality through judicial pronouncements. A matter settled by binding precedent need not be referred again for a second opinion, so the reference application was rejected. Case-Laws Central Excise Fri, 10 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95532