Input credit restriction: credit allowed only for indigenous inputs, narrowing eligibility under amended notifications. The Central Government, invoking rule 57K of the Central Excise Rules, 1944, amends Notification Nos. 27/87 and 40/87 by inserting a new condition (v) after condition (iv) in each: '(v) the credit shall be taken only in respect of indigenous inputs,' restricting entitlement to input credit under those notifications to domestic-origin inputs.
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.
Input credit restriction: credit allowed only for indigenous inputs, narrowing eligibility under amended notifications.
The Central Government, invoking rule 57K of the Central Excise Rules, 1944, amends Notification Nos. 27/87 and 40/87 by inserting a new condition (v) after condition (iv) in each: "(v) the credit shall be taken only in respect of indigenous inputs," restricting entitlement to input credit under those notifications to domestic-origin inputs.
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