https://www.taxtmi.com/caselaws?id=106201 A specific exemption notification restricting Modvat inputs prevailed over the general inclusive wording of Rule 57A, so gunny bags falling in Chapter 63 were not eligible for credit. Capital goods credit under Rule 57Q was also unavailable for turbine parts installed in a power house because credit was confined to goods installed within the factory, and the power house was not part of the factory on the admitted facts. The penalty was considered excessive and was reduced, leaving the denial of credit on both items intact while modifying the order only to that extent. en-us Thu, 21 Mar 2002 00:00:00 +0530 Tue, 13 Mar 2012 12:04:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106201 A specific exemption notification restricting Modvat inputs prevailed over the general inclusive wording of Rule 57A, so gunny bags falling in Chapter 63 were not eligible for credit. Capital goods credit under Rule 57Q was also unavailable for turbine parts installed in a power house because credit was confined to goods installed within the factory, and the power house was not part of the factory on the admitted facts. The penalty was considered excessive and was reduced, leaving the denial of credit on both items intact while modifying the order only to that extent. Case-Laws Central Excise Thu, 21 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106201