https://www.taxtmi.com/caselaws?id=98878 Modvat credit on High Speed Diesel Oil was examined in light of Rule 57A, where the relevant notification specifically excluded that input from eligible credit. The issue was whether such an excluded input could nevertheless qualify under the second proviso to Rule 57D(2). The Tribunal treated this as a referable question of law, since the relationship between the exclusion in the Modvat notification and the extended operation of Rule 57D(2) was not settled on the material before it. The reference was allowed and the question was referred to the High Court in favour of the Revenue. en-us Tue, 28 Mar 2000 00:00:00 +0530 Tue, 24 Jan 2012 13:32:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98878 Modvat credit on High Speed Diesel Oil was examined in light of Rule 57A, where the relevant notification specifically excluded that input from eligible credit. The issue was whether such an excluded input could nevertheless qualify under the second proviso to Rule 57D(2). The Tribunal treated this as a referable question of law, since the relationship between the exclusion in the Modvat notification and the extended operation of Rule 57D(2) was not settled on the material before it. The reference was allowed and the question was referred to the High Court in favour of the Revenue. Case-Laws Central Excise Tue, 28 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98878