2015 (10) TMI 1343

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....ssue relates to denial of capital goods credit on the spare parts, purchased for replacement of the damaged parts caused due to a fire accident in 2006. 2. Ld. Advocate submits that the original capital goods were purchased in the year 1991 and no modvat credit scheme was available at that time. He submits that after the fire accident, appellants got compensation from the insurance company which ....