2003 (5) TMI 400

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....Respondent. [Order]. - Both the appeals involve the similar issue, therefore, taken up together. 2. In this case the benefit of Modvat credit on the parts of capital was denied on the ground that the credit was taken properly to the installation of the parts of the capital goods. 3. Heard both sides. 4. The appellants availed the credit on the following parts of the capital go....

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.... capital goods and rule 57Q(2) of the Central Excise Rules provides as under :- "(2)    Notwithstanding anything contained in sub-rule (1), - (i)       no credit of the specified duty paid on capital goods (other than those capital goods in respect of which credit of duty was allowable under any other rule or notification prior to the 16th day of Marc....