Deemed excise credit for rerollable steel materials allowed without duty documents when used unmelted in manufacture. The Government directed that ingots and rerollable iron or steel materials purchased on or after the specified date may be deemed to have paid duty at a uniform deemed rate, and that credit of duty may be allowed where such materials are used without undergoing melting in the manufacture of goods under Chapters 72 and 73, permitting Modvat credit without production of duty-paid documents.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deemed excise credit for rerollable steel materials allowed without duty documents when used unmelted in manufacture.
The Government directed that ingots and rerollable iron or steel materials purchased on or after the specified date may be deemed to have paid duty at a uniform deemed rate, and that credit of duty may be allowed where such materials are used without undergoing melting in the manufacture of goods under Chapters 72 and 73, permitting Modvat credit without production of duty-paid documents.
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