https://www.taxtmi.com/caselaws?id=50977 Eligibility of preparatory, carding and combing machines, and related items, for Modvat credit under Rule 57Q was examined in light of Notification No. 60/94-C.E. (N.T.), with the Revenue treating the notification as prospective and the assessee asserting that it was clarificatory. Because earlier Tribunal matters on similar issues had already been remanded and the competing claims on the notification, the circular, and the nature of the machinery required fresh examination, the impugned order was set aside and the matter remanded for de novo consideration. No final determination on entitlement to Modvat credit was made. en-us Fri, 11 May 2001 00:00:00 +0530 Tue, 21 Sep 2010 11:07:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50977 Eligibility of preparatory, carding and combing machines, and related items, for Modvat credit under Rule 57Q was examined in light of Notification No. 60/94-C.E. (N.T.), with the Revenue treating the notification as prospective and the assessee asserting that it was clarificatory. Because earlier Tribunal matters on similar issues had already been remanded and the competing claims on the notification, the circular, and the nature of the machinery required fresh examination, the impugned order was set aside and the matter remanded for de novo consideration. No final determination on entitlement to Modvat credit was made. Case-Laws Central Excise Fri, 11 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50977