https://www.taxtmi.com/caselaws?id=190470 Capital goods credit was held admissible for preparatory machines used to manufacture carded or combed cotton (silver) captively consumed in producing cotton yarn, because earlier Tribunal rulings had already accepted such credit where the machines were received before 21.10.1994. Those rulings were noted as unstayed and therefore continued to operate as binding precedent for the issue. The Revenue's objection that credit was unavailable since silver was not then a specified final product under Rule 57Q was rejected, and the appeals were dismissed. en-us Thu, 23 Jun 2005 00:00:00 +0530 Thu, 16 Feb 2017 18:43:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190470 Capital goods credit was held admissible for preparatory machines used to manufacture carded or combed cotton (silver) captively consumed in producing cotton yarn, because earlier Tribunal rulings had already accepted such credit where the machines were received before 21.10.1994. Those rulings were noted as unstayed and therefore continued to operate as binding precedent for the issue. The Revenue's objection that credit was unavailable since silver was not then a specified final product under Rule 57Q was rejected, and the appeals were dismissed. Case-Laws Central Excise Thu, 23 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190470