https://www.taxtmi.com/caselaws?id=104672 Air-dehumidification and air-conditioning equipment was treated as capital goods eligible for Modvat credit under Rule 57Q of the Central Excise Rules, 1944, consistent with the Supreme Court-approved view in Jawahar Mills. The Tribunal also applied the Larger Bench ruling in Surya Roshni Ltd. to hold that notifications issued in 1995 and 1996 enlarging the scope of Rule 57Q did not operate retrospectively. On that basis, credit was available only from the date the relevant notification took effect, and the revenue's retrospective-application argument failed. The assessee obtained consequential relief. en-us Thu, 20 Dec 2001 00:00:00 +0530 Wed, 29 Feb 2012 18:41:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104672 Air-dehumidification and air-conditioning equipment was treated as capital goods eligible for Modvat credit under Rule 57Q of the Central Excise Rules, 1944, consistent with the Supreme Court-approved view in Jawahar Mills. The Tribunal also applied the Larger Bench ruling in Surya Roshni Ltd. to hold that notifications issued in 1995 and 1996 enlarging the scope of Rule 57Q did not operate retrospectively. On that basis, credit was available only from the date the relevant notification took effect, and the revenue's retrospective-application argument failed. The assessee obtained consequential relief. Case-Laws Central Excise Thu, 20 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104672