https://www.taxtmi.com/caselaws?id=50551 Modvat credit was held admissible on aluminium ferruls because parts of machinery are not excluded merely for being machine components. Credit on chromic acid was also allowed where the input was used in exempted intermediate refractories that were captively consumed in the manufacture of dutiable final products, since Rule 57D(2) protects such input credit. Credit claimed after six months from invoice date was held barred under the post-amendment Rule 57G time limit and was disallowed. The Bill of Entry issue was remanded for fresh consideration after taking the triplicate copy into account, and the personal penalty was quashed. en-us Thu, 14 Jun 2001 00:00:00 +0530 Mon, 23 Aug 2010 13:36:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50551 Modvat credit was held admissible on aluminium ferruls because parts of machinery are not excluded merely for being machine components. Credit on chromic acid was also allowed where the input was used in exempted intermediate refractories that were captively consumed in the manufacture of dutiable final products, since Rule 57D(2) protects such input credit. Credit claimed after six months from invoice date was held barred under the post-amendment Rule 57G time limit and was disallowed. The Bill of Entry issue was remanded for fresh consideration after taking the triplicate copy into account, and the personal penalty was quashed. Case-Laws Central Excise Thu, 14 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50551