https://www.taxtmi.com/caselaws?id=97787 Modvat credit on ceramic evaporation boats was not available as capital goods because the goods had already been held ineligible as inputs, and the alternative capital goods basis had not been raised before the Larger Bench. By contrast, boron nitrate suspension used in manufacturing metallised polyester film was treated as an eligible input, so credit was allowed on that item. The commentary records that credit was therefore disallowed for ceramic evaporation boats but sustained for boron nitrate suspension, leaving the relief limited to the latter. en-us Mon, 26 Mar 2001 00:00:00 +0530 Wed, 18 Jan 2012 10:57:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97787 Modvat credit on ceramic evaporation boats was not available as capital goods because the goods had already been held ineligible as inputs, and the alternative capital goods basis had not been raised before the Larger Bench. By contrast, boron nitrate suspension used in manufacturing metallised polyester film was treated as an eligible input, so credit was allowed on that item. The commentary records that credit was therefore disallowed for ceramic evaporation boats but sustained for boron nitrate suspension, leaving the relief limited to the latter. Case-Laws Central Excise Mon, 26 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97787