https://www.taxtmi.com/caselaws?id=48759 The Larger Bench held that conflicting decisions and the statutory scheme permitted constitution of a Larger Bench, so the jurisdictional objection failed. On Modvat, it construed pre-16-3-1995 Rule 57A to include fuel oils used as inputs for captive electricity generation where the electricity was consumed in manufacture. Rule 57D(2) was treated as protective, not a precondition for credit, and the later specific reference to inputs used for generation of electricity was held not to exclude earlier coverage or operate retrospectively. One member dissented, taking the view that electricity generation was a separate activity and credit was unavailable before 16-3-1995. en-us Fri, 31 Dec 1999 00:00:00 +0530 Wed, 27 Mar 2024 09:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48759 The Larger Bench held that conflicting decisions and the statutory scheme permitted constitution of a Larger Bench, so the jurisdictional objection failed. On Modvat, it construed pre-16-3-1995 Rule 57A to include fuel oils used as inputs for captive electricity generation where the electricity was consumed in manufacture. Rule 57D(2) was treated as protective, not a precondition for credit, and the later specific reference to inputs used for generation of electricity was held not to exclude earlier coverage or operate retrospectively. One member dissented, taking the view that electricity generation was a separate activity and credit was unavailable before 16-3-1995. Case-Laws Central Excise Fri, 31 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48759