https://www.taxtmi.com/caselaws?id=48278 The court held that gate passes issued before 1-4-1994 but endorsed after that date are eligible for MODVAT credit. The judgment favored the assessee, aligning with precedents from other High Courts, emphasizing the date of issuance over endorsement for credit eligibility. The interpretation of Circular No. 16/94-C.E. was crucial, leading to the conclusion that the assessee can claim credit under the MODVAT scheme for such gate passes. The decision provides clarity on MODVAT credit eligibility criteria for similar cases going forward. en-us Fri, 05 Sep 2008 00:00:00 +0530 Wed, 30 Aug 2017 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48278 The court held that gate passes issued before 1-4-1994 but endorsed after that date are eligible for MODVAT credit. The judgment favored the assessee, aligning with precedents from other High Courts, emphasizing the date of issuance over endorsement for credit eligibility. The interpretation of Circular No. 16/94-C.E. was crucial, leading to the conclusion that the assessee can claim credit under the MODVAT scheme for such gate passes. The decision provides clarity on MODVAT credit eligibility criteria for similar cases going forward. Case-Laws Central Excise Fri, 05 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48278