https://www.taxtmi.com/caselaws?id=120649 Credit under Notification No. 177/86-C.E. (N.T.) was held to be restricted for specified inputs obtained from ship-breaking where the tariff description matched Headings 72.15 and 73.09. The notification was construed as applying to ship-breaking carried out in India, and not as limited to inputs derived only from Indian-origin vessels. The attempt to distinguish the goods by reference to the ship's origin was rejected, and a separate notification was held not to change the result. The restriction therefore applied to the assessee. en-us Mon, 24 Jul 2006 00:00:00 +0530 Mon, 23 Jul 2012 12:49:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120649 Credit under Notification No. 177/86-C.E. (N.T.) was held to be restricted for specified inputs obtained from ship-breaking where the tariff description matched Headings 72.15 and 73.09. The notification was construed as applying to ship-breaking carried out in India, and not as limited to inputs derived only from Indian-origin vessels. The attempt to distinguish the goods by reference to the ship's origin was rejected, and a separate notification was held not to change the result. The restriction therefore applied to the assessee. Case-Laws Central Excise Mon, 24 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120649