Excise credit portability for unutilised inputs permitted to offset duty on corresponding finished goods after amendment. The amendment permits the credit of special duties of excise lying unutilised in a manufacturer's account immediately before commencement to be utilised after commencement towards payment of duty on finished excisable goods for the manufacture of which those materials or component parts were permitted to be brought into the factory under sub-rule (2).
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.
Excise credit portability for unutilised inputs permitted to offset duty on corresponding finished goods after amendment.
The amendment permits the credit of special duties of excise lying unutilised in a manufacturer's account immediately before commencement to be utilised after commencement towards payment of duty on finished excisable goods for the manufacture of which those materials or component parts were permitted to be brought into the factory under sub-rule (2).
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