https://www.taxtmi.com/caselaws?id=46444 Unamended Rule 57B permitted Modvat credit on duty-paid goods used for generation of electricity or steam consumed in the factory for manufacture of the final product or for any other purpose within the factory. On that plain language, high speed diesel oil used as fuel for generating electricity within the factory qualified for credit until the amendment of 2-3-1998 introduced a clarification narrowing the scope of "inputs" to goods specified under Rule 57A. The legal position therefore was that credit remained admissible for such diesel oil for the pre-amendment period, and the appeal was decided against the assessee. en-us Thu, 28 Nov 2002 00:00:00 +0530 Sat, 17 Jul 2010 18:47:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46444 Unamended Rule 57B permitted Modvat credit on duty-paid goods used for generation of electricity or steam consumed in the factory for manufacture of the final product or for any other purpose within the factory. On that plain language, high speed diesel oil used as fuel for generating electricity within the factory qualified for credit until the amendment of 2-3-1998 introduced a clarification narrowing the scope of "inputs" to goods specified under Rule 57A. The legal position therefore was that credit remained admissible for such diesel oil for the pre-amendment period, and the appeal was decided against the assessee. Case-Laws Central Excise Thu, 28 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46444