https://www.taxtmi.com/caselaws?id=106985 Modvat credit on decorative laminated sheets was held to be unrestricted where the inputs were classified and duty-paid as articles of paper and paperboard under sub-heading 4823.90. The credit cap in the third proviso to Notification No. 177/86-C.E. did not apply to such goods under Rule 57A, because the Board's circular excluded articles of paper and paperboard from the restriction. The contrary departmental reliance on cases involving products outside Chapter 48 was found inapposite, and tariff classification principles were preferred over common parlance. The assessee therefore succeeded on the credit issue and the restrictive view was set aside. en-us Sat, 02 Nov 2002 00:00:00 +0530 Fri, 16 Mar 2012 18:14:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106985 Modvat credit on decorative laminated sheets was held to be unrestricted where the inputs were classified and duty-paid as articles of paper and paperboard under sub-heading 4823.90. The credit cap in the third proviso to Notification No. 177/86-C.E. did not apply to such goods under Rule 57A, because the Board's circular excluded articles of paper and paperboard from the restriction. The contrary departmental reliance on cases involving products outside Chapter 48 was found inapposite, and tariff classification principles were preferred over common parlance. The assessee therefore succeeded on the credit issue and the restrictive view was set aside. Case-Laws Central Excise Sat, 02 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106985