https://www.taxtmi.com/caselaws?id=107000 Modvat credit under Rule 57Q was denied for air-conditioning plant spares, components and accessories because the rule expressly excluded air-conditioning and refrigeration accessories, spares and components from the definition of capital goods during the relevant period. The earlier precedent relied on by the lower authority concerned spare parts and accessories used in machines installed before 1-3-1994 and was held inapplicable to this distinct factual and statutory setting. Where the governing rule contains an express exclusion, credit cannot be allowed by extending a different decision beyond its context. The Revenue's objection on admissibility therefore succeeded. en-us Wed, 20 Nov 2002 00:00:00 +0530 Fri, 16 Mar 2012 18:54:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107000 Modvat credit under Rule 57Q was denied for air-conditioning plant spares, components and accessories because the rule expressly excluded air-conditioning and refrigeration accessories, spares and components from the definition of capital goods during the relevant period. The earlier precedent relied on by the lower authority concerned spare parts and accessories used in machines installed before 1-3-1994 and was held inapplicable to this distinct factual and statutory setting. Where the governing rule contains an express exclusion, credit cannot be allowed by extending a different decision beyond its context. The Revenue's objection on admissibility therefore succeeded. Case-Laws Central Excise Wed, 20 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107000