https://www.taxtmi.com/caselaws?id=2610 SC held that Modvat credit under Rule 57Q could not be claimed by a consumer on the basis of a classification different from that adopted by the manufacturer. As the goods had been classified by the manufacturer under Heading 84.29, the consumer was not permitted to reclassify them as Heading 84.27 for credit purposes, and denial of credit was upheld. On penalty, the Court found that the facts did not justify imposition under Rule 173Q(bb) and deleted the penalty. The assessee therefore failed on credit but succeeded on the penalty issue. en-us Thu, 22 Nov 2007 00:00:00 +0530 Fri, 12 Sep 2025 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2610 SC held that Modvat credit under Rule 57Q could not be claimed by a consumer on the basis of a classification different from that adopted by the manufacturer. As the goods had been classified by the manufacturer under Heading 84.29, the consumer was not permitted to reclassify them as Heading 84.27 for credit purposes, and denial of credit was upheld. On penalty, the Court found that the facts did not justify imposition under Rule 173Q(bb) and deleted the penalty. The assessee therefore failed on credit but succeeded on the penalty issue. Case-Laws Central Excise Thu, 22 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2610