Deemed credit for inputs: scraps clearly recognisable as non-duty-paid are not eligible, limiting claims on bazaar scrap. Availability of deemed credit for specified metals depends on whether materials are clearly recognisable as non-duty-paid or charged to a nil rate; scraps and wastes identifiable as non-duty-paid were not eligible, and an amendment removing a provision referencing iron and steel scraps was issued to address improper claims such as those relating to bazaar scrap.
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 credit for inputs: scraps clearly recognisable as non-duty-paid are not eligible, limiting claims on bazaar scrap.
Availability of deemed credit for specified metals depends on whether materials are clearly recognisable as non-duty-paid or charged to a nil rate; scraps and wastes identifiable as non-duty-paid were not eligible, and an amendment removing a provision referencing iron and steel scraps was issued to address improper claims such as those relating to bazaar scrap.
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