https://www.taxtmi.com/caselaws?id=108898 Capital goods received before 1-4-2000 but installed on that date were not eligible for Modvat or Cenvat credit. Under the pre-1-4-2000 regime, the goods were received when the assessee was governed by Section 3A of the Central Excise Act and the final products fell within Rule 57Q's exclusion, so no credit accrued on receipt. The post-1-4-2000 Cenvat scheme applied only to capital goods received on or after that date, while Rule 57AG allowed transition only where Modvat credit had already been earned and remained unutilised. The credit disallowance was therefore sustained. en-us Tue, 25 Mar 2003 00:00:00 +0530 Wed, 04 Apr 2012 14:14:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108898 Capital goods received before 1-4-2000 but installed on that date were not eligible for Modvat or Cenvat credit. Under the pre-1-4-2000 regime, the goods were received when the assessee was governed by Section 3A of the Central Excise Act and the final products fell within Rule 57Q's exclusion, so no credit accrued on receipt. The post-1-4-2000 Cenvat scheme applied only to capital goods received on or after that date, while Rule 57AG allowed transition only where Modvat credit had already been earned and remained unutilised. The credit disallowance was therefore sustained. Case-Laws Central Excise Tue, 25 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108898