https://www.taxtmi.com/caselaws?id=114190 Modvat credit under Notification No. 5/94-C.E. (N.T.) was restricted to 10% ad valorem only while the notification remained in force; once it expired on 28-2-1999, that restriction ceased. Inputs received after expiry, where invoices reflected duty at 15% ad valorem, could therefore qualify for credit at that rate. The CESTAT held that the respondents were entitled to avail credit at 15% ad valorem and the Revenue's challenge failed. en-us Thu, 14 Aug 2003 00:00:00 +0530 Sat, 12 May 2012 10:59:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114190 Modvat credit under Notification No. 5/94-C.E. (N.T.) was restricted to 10% ad valorem only while the notification remained in force; once it expired on 28-2-1999, that restriction ceased. Inputs received after expiry, where invoices reflected duty at 15% ad valorem, could therefore qualify for credit at that rate. The CESTAT held that the respondents were entitled to avail credit at 15% ad valorem and the Revenue's challenge failed. Case-Laws Central Excise Thu, 14 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114190