https://www.taxtmi.com/caselaws?id=119585 Modvat credit on protective coatings was held inadmissible, and the operative part of the appellate order was corrected to align with the substantive finding that such items were excluded from credit entitlement. Interest under Section 11AA of the Central Excise Act, 1944 was held inapplicable because the duty liability arose on 1-5-2002, outside the statutory scope where sub-section (2) excludes duties becoming payable after the relevant assent date. The challenge to deletion of penalty under Rule 173Q of the Central Excise Rules, 1944 also failed, as no substantive ground supported interference with the appellate authority's order. The result was limited correction of the credit issue, with rejection of interest and penalty maintained. en-us Fri, 07 Apr 2006 00:00:00 +0530 Wed, 11 Jul 2012 18:53:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119585 Modvat credit on protective coatings was held inadmissible, and the operative part of the appellate order was corrected to align with the substantive finding that such items were excluded from credit entitlement. Interest under Section 11AA of the Central Excise Act, 1944 was held inapplicable because the duty liability arose on 1-5-2002, outside the statutory scope where sub-section (2) excludes duties becoming payable after the relevant assent date. The challenge to deletion of penalty under Rule 173Q of the Central Excise Rules, 1944 also failed, as no substantive ground supported interference with the appellate authority's order. The result was limited correction of the credit issue, with rejection of interest and penalty maintained. Case-Laws Central Excise Fri, 07 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119585