https://www.taxtmi.com/caselaws?id=115386 The amendment to clause (i) of the Explanation to Rule 57Q by Notification No. 25/96-C.E. (N.T.) deleted Heading 84.74 from the exclusionary list and brought such goods within the category of capital goods eligible for Modvat credit. The text treats the change as operative from the date of the notification because nothing in it showed an intention to apply retrospectively, and it was regarded as a substantive change rather than a clarificatory one. The cited Tribunal ruling was not read as expressly holding the notification to be retrospective or clarificatory. For capital goods under Heading 73.25, no basis was shown for Modvat eligibility during the disputed period. en-us Wed, 25 May 2005 00:00:00 +0530 Tue, 29 May 2012 12:34:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115386 The amendment to clause (i) of the Explanation to Rule 57Q by Notification No. 25/96-C.E. (N.T.) deleted Heading 84.74 from the exclusionary list and brought such goods within the category of capital goods eligible for Modvat credit. The text treats the change as operative from the date of the notification because nothing in it showed an intention to apply retrospectively, and it was regarded as a substantive change rather than a clarificatory one. The cited Tribunal ruling was not read as expressly holding the notification to be retrospective or clarificatory. For capital goods under Heading 73.25, no basis was shown for Modvat eligibility during the disputed period. Case-Laws Central Excise Wed, 25 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115386