https://www.taxtmi.com/caselaws?id=50849 The appeal was allowed as the capital goods were received after the relevant date specified in Rule 57Q, justifying the claim for Modvat credit. The judgment emphasized that once credit on capital goods is availed, it can be utilized as per Rule 57-S without restriction to dutiable products. The decision stressed the necessity of complying with excise rules for claiming Modvat credit on capital goods and using the credit in manufacturing dutiable final products to prevent disallowance. en-us Tue, 30 Oct 2001 00:00:00 +0530 Fri, 17 Sep 2010 16:46:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50849 The appeal was allowed as the capital goods were received after the relevant date specified in Rule 57Q, justifying the claim for Modvat credit. The judgment emphasized that once credit on capital goods is availed, it can be utilized as per Rule 57-S without restriction to dutiable products. The decision stressed the necessity of complying with excise rules for claiming Modvat credit on capital goods and using the credit in manufacturing dutiable final products to prevent disallowance. Case-Laws Central Excise Tue, 30 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50849