2014 (2) TMI 1416 - HC - Central Excise

Modavt credit - duty paid on the capital goods used for the manufacture of final product viz. Sliver falling under heading 52.02 of the schedule to the Central Excise Tariff Act, 1985 - same was specifically excluded from the purview of capital goods under erstwhile Rule 57Q of Central Excise Rules, 1944, prior to 21-10-1994 - HELD THAT - The question has been answered against the Revenue in COMMISSIONER VERSUS THURAN SPINNING MILLS 2013 (12) TMI 1608 - MADRAS HIGH COURT , following the decision of this Court in the case of COMMISSIONER OF C. EX., SALEM VERSUS SINGARAVELAR SPINNING MILLS (P) LTD. 2009 (2) TMI 195 - HIGH COURT OF MADRAS . The question is answered against the Revenue - appeal dismissed.

Summary

The High Court of Madras dismissed the Revenue's appeals against the Customs, Excise and Service Tax Appellate Tribunal's final order, regarding the allowance of Modavt credit for duty paid on capital goods used in manufacturing final products. The court upheld previous decisions against the Revenue, citing specific cases.