https://www.taxtmi.com/caselaws?id=113204 Modvat credit of basic excise duty paid on capital goods and inputs could be utilised for payment of additional duties of excise. Rule 57Q of the Central Excise Rules, 1944 permitted credit to be used for duty of excise payable on final products and did not confine it to the same kind of duty. Notification No. 5/94-C.E. imposed no restriction on using basic excise duty credit, and Notification No. 24/94(N.T.) only restricted the use of credit in relation to the specified additional duties, without barring basic excise duty credit against them. In the absence of an express restriction, the contrary view was unsustainable. en-us Mon, 27 Oct 2003 00:00:00 +0530 Fri, 04 May 2012 13:11:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113204 Modvat credit of basic excise duty paid on capital goods and inputs could be utilised for payment of additional duties of excise. Rule 57Q of the Central Excise Rules, 1944 permitted credit to be used for duty of excise payable on final products and did not confine it to the same kind of duty. Notification No. 5/94-C.E. imposed no restriction on using basic excise duty credit, and Notification No. 24/94(N.T.) only restricted the use of credit in relation to the specified additional duties, without barring basic excise duty credit against them. In the absence of an express restriction, the contrary view was unsustainable. Case-Laws Central Excise Mon, 27 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113204