https://www.taxtmi.com/caselaws?id=120979 The Tribunal upheld the admissibility of Modvat credit on Cylinders for Chlorine Gas as capital goods, following past decisions and emphasizing industrial use and size. It affirmed eligibility for capital goods credit before 23-7-96, aligning with precedent despite a change in the definition. The Tribunal relied on consistency with prior rulings, including cases involving similar issues, and rejected the Department's appeal, emphasizing adherence to established legal principles in determining the credit's admissibility. en-us Fri, 23 Feb 2007 00:00:00 +0530 Wed, 25 Jul 2012 17:23:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120979 The Tribunal upheld the admissibility of Modvat credit on Cylinders for Chlorine Gas as capital goods, following past decisions and emphasizing industrial use and size. It affirmed eligibility for capital goods credit before 23-7-96, aligning with precedent despite a change in the definition. The Tribunal relied on consistency with prior rulings, including cases involving similar issues, and rejected the Department's appeal, emphasizing adherence to established legal principles in determining the credit's admissibility. Case-Laws Central Excise Fri, 23 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120979