https://www.taxtmi.com/caselaws?id=108283 The amending notification restricting Modvat credit to 10% ad valorem applied only to the specific inputs named in it. Residual Fuel Oil was not included in that restricted list, and its presence under the same tariff chapter could not expand the notification's narrower scope. Consistent with earlier Tribunal rulings on the same issue, credit could not be curtailed merely because the input fell within Chapter 27. The result is that the restriction did not apply to Residual Fuel Oil, and full Modvat credit remained available. en-us Mon, 30 Sep 2002 00:00:00 +0530 Fri, 30 Mar 2012 17:33:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108283 The amending notification restricting Modvat credit to 10% ad valorem applied only to the specific inputs named in it. Residual Fuel Oil was not included in that restricted list, and its presence under the same tariff chapter could not expand the notification's narrower scope. Consistent with earlier Tribunal rulings on the same issue, credit could not be curtailed merely because the input fell within Chapter 27. The result is that the restriction did not apply to Residual Fuel Oil, and full Modvat credit remained available. Case-Laws Central Excise Mon, 30 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108283