https://www.taxtmi.com/caselaws?id=113300 Modvat credit under Rule 57Q was confined to goods specifically brought within the rule, and items falling under excluded tariff headings could not qualify merely because they were functionally useful or integrated with the manufacturing process. The Tribunal treated specific statutory inclusion as decisive and held that functional usefulness alone did not override express exclusion. On that basis, storage vessels and tanks were held ineligible for credit, and the Revenue's appeal succeeded. The order granting Modvat credit was set aside. en-us Thu, 22 Jan 2004 00:00:00 +0530 Fri, 04 May 2012 17:30:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113300 Modvat credit under Rule 57Q was confined to goods specifically brought within the rule, and items falling under excluded tariff headings could not qualify merely because they were functionally useful or integrated with the manufacturing process. The Tribunal treated specific statutory inclusion as decisive and held that functional usefulness alone did not override express exclusion. On that basis, storage vessels and tanks were held ineligible for credit, and the Revenue's appeal succeeded. The order granting Modvat credit was set aside. Case-Laws Central Excise Thu, 22 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113300