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2010 (3) TMI 975 - AT - Central ExciseCENVAT credit - whether credit of ₹ 8,19,615/- availed on spares of conveyor system falling under Heading 84.74 which was not the heading specified in the list of eligible capital goods during the period in dispute, namely, 23-7-1996 to 31-8-1996 is admissible to the appellants herein, who are manufacturers of cement? Held that: - the intention of the Government was not to restrict the credit of duty on capital goods falling under Chapter Heading 84.74 in view of the amendment to Notification No. 14/96-C.E., dated 23-7-1996 (wherein Heading No. 84.74 was excluded from the coverage of capital goods) by issue of N/N. 25/96-C.E., dated 31-8-1996, wherein goods falling under Heading 84.74 were specified in the list of eligible capital goods - N/N. 25/96-C.E., dated 31-8-1996 is retrospective and, therefore, the goods in dispute are to be treated as eligible capital goods even during the intervening period between 23-7-1996 and 31-8-1996 - appeal allowed - decided in favor of appellant.
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