https://www.taxtmi.com/caselaws?id=117616 A restriction on the quantum of Modvat credit under Notification No. 14/97, framed under Rule 57A(3), was held not to apply to furnace oil credit taken under Rule 57B. The Tribunal reasoned that Rule 57B operated as a special credit provision with a non obstante clause, and that the later amendment of 2-6-1998 specifically addressed the scope of the credit restriction. On that scheme, the Rule 57A limitation could not be imported by implication to curtail credit under Rule 57B. The appeal was allowed with consequential relief. en-us Tue, 06 Dec 2005 00:00:00 +0530 Mon, 25 Jun 2012 13:51:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117616 A restriction on the quantum of Modvat credit under Notification No. 14/97, framed under Rule 57A(3), was held not to apply to furnace oil credit taken under Rule 57B. The Tribunal reasoned that Rule 57B operated as a special credit provision with a non obstante clause, and that the later amendment of 2-6-1998 specifically addressed the scope of the credit restriction. On that scheme, the Rule 57A limitation could not be imported by implication to curtail credit under Rule 57B. The appeal was allowed with consequential relief. Case-Laws Central Excise Tue, 06 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117616