https://www.taxtmi.com/caselaws?id=107545 The amended Rule 57Q excluded the relevant chapter heading for Low Frequency Transmission Kit, so it was not eligible as capital goods for Modvat credit. By contrast, Project Import remained eligible for Modvat credit at 100% where the goods were received before 1-3-1997; the date of receipt, not the date of installation, governed the credit entitlement, and the Board's circular supported that view. The result was that credit was denied for the Low Frequency Transmission Kit but allowed in full for the Project Import, giving the assessee only partial relief. en-us Tue, 13 May 2003 00:00:00 +0530 Fri, 23 Mar 2012 13:02:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107545 The amended Rule 57Q excluded the relevant chapter heading for Low Frequency Transmission Kit, so it was not eligible as capital goods for Modvat credit. By contrast, Project Import remained eligible for Modvat credit at 100% where the goods were received before 1-3-1997; the date of receipt, not the date of installation, governed the credit entitlement, and the Board's circular supported that view. The result was that credit was denied for the Low Frequency Transmission Kit but allowed in full for the Project Import, giving the assessee only partial relief. Case-Laws Central Excise Tue, 13 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107545