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    <title>2001 (1) TMI 99 - HIGH COURT OF JUDICATURE AT MADRAS</title>
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    <description>Questions on the admissibility of Modvat credit for refractory bricks and their treatment as capital goods were found to warrant consideration by the High Court. After examining the Tribunal&#039;s order and hearing counsel, the Court directed the Tribunal to state the case, refer the proposed questions for decision, and transmit the statement of the case with the necessary materials. The operative effect was that the reference was ordered on the proposed questions, which was favourable to the Revenue.</description>
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      <description>Questions on the admissibility of Modvat credit for refractory bricks and their treatment as capital goods were found to warrant consideration by the High Court. After examining the Tribunal&#039;s order and hearing counsel, the Court directed the Tribunal to state the case, refer the proposed questions for decision, and transmit the statement of the case with the necessary materials. The operative effect was that the reference was ordered on the proposed questions, which was favourable to the Revenue.</description>
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      <pubDate>Wed, 24 Jan 2001 00:00:00 +0530</pubDate>
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