https://www.taxtmi.com/caselaws?id=115108 Modvat credit under erstwhile Rule 57Q was admissible on air-conditioners used to maintain the temperature of electronic equipment, because they were not used for office premises and served an input-related function for the equipment. The later exclusion of air-conditioners from Rule 57Q, effective from 23-7-1996, could not be applied retrospectively to deny credit for the earlier period. The denial based on retrospective operation of the amendment was therefore unsustainable. en-us Fri, 11 Mar 2005 00:00:00 +0530 Wed, 23 May 2012 18:08:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115108 Modvat credit under erstwhile Rule 57Q was admissible on air-conditioners used to maintain the temperature of electronic equipment, because they were not used for office premises and served an input-related function for the equipment. The later exclusion of air-conditioners from Rule 57Q, effective from 23-7-1996, could not be applied retrospectively to deny credit for the earlier period. The denial based on retrospective operation of the amendment was therefore unsustainable. Case-Laws Central Excise Fri, 11 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115108