https://www.taxtmi.com/caselaws?id=256836 Amendment to Rule 57C of the Central Excise Rules, 1944, excluding clearances to a Free Trade Zone or a hundred per cent Export-Oriented Unit from the MODVAT bar, was held to create a new entitlement and not merely clarify existing law. The change was therefore substantive and prospective, so MODVAT credit on inputs used for such clearances was not admissible for periods before 01.03.1992. Rule 191BB and the general exemption notification were treated as operating in a different field and were not read as governing credit admissibility under Rule 57C. en-us Thu, 29 Jan 2015 00:00:00 +0530 Thu, 20 Aug 2015 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256836 Amendment to Rule 57C of the Central Excise Rules, 1944, excluding clearances to a Free Trade Zone or a hundred per cent Export-Oriented Unit from the MODVAT bar, was held to create a new entitlement and not merely clarify existing law. The change was therefore substantive and prospective, so MODVAT credit on inputs used for such clearances was not admissible for periods before 01.03.1992. Rule 191BB and the general exemption notification were treated as operating in a different field and were not read as governing credit admissibility under Rule 57C. Case-Laws Central Excise Thu, 29 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256836