https://www.taxtmi.com/caselaws?id=255605 Modvat credit was available for the goods as capital goods under Rule 57Q because components, spares and accessories of the specified goods were treated as within its scope. Notification No. 25/96-C.E. (N.T.) dated 31.08.1996 was accepted as a clarificatory amendment and therefore applied retrospectively in the context of credit eligibility. The earlier Tribunal view granting credit was upheld in substance, and the Revenue's challenge failed, leaving the assessee's entitlement to credit undisturbed. en-us Thu, 11 Dec 2014 00:00:00 +0530 Wed, 12 Aug 2015 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255605 Modvat credit was available for the goods as capital goods under Rule 57Q because components, spares and accessories of the specified goods were treated as within its scope. Notification No. 25/96-C.E. (N.T.) dated 31.08.1996 was accepted as a clarificatory amendment and therefore applied retrospectively in the context of credit eligibility. The earlier Tribunal view granting credit was upheld in substance, and the Revenue's challenge failed, leaving the assessee's entitlement to credit undisturbed. Case-Laws Central Excise Thu, 11 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255605