https://www.taxtmi.com/caselaws?id=106237 Blocks or thermal insulation blocks used inside a furnace were treated as eligible capital goods for credit under Rule 57Q because the Tribunal applied its earlier view that refractory bricks used to repair or construct a furnace fall within the Explanation to the rule. It reasoned that internal furnace insulation material stood on the same footing as refractory material, and noted that a later amendment expressly including refractory materials supported the pre-amendment interpretation. On that basis, the blocks qualified for capital goods credit and the appeal was dismissed. en-us Thu, 11 Apr 2002 00:00:00 +0530 Tue, 13 Mar 2012 13:20:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106237 Blocks or thermal insulation blocks used inside a furnace were treated as eligible capital goods for credit under Rule 57Q because the Tribunal applied its earlier view that refractory bricks used to repair or construct a furnace fall within the Explanation to the rule. It reasoned that internal furnace insulation material stood on the same footing as refractory material, and noted that a later amendment expressly including refractory materials supported the pre-amendment interpretation. On that basis, the blocks qualified for capital goods credit and the appeal was dismissed. Case-Laws Central Excise Thu, 11 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106237