Credit of specified duty limited for manufacturers, with transitional full credit for inputs received before the amendment. The amendment replaces the prior entitlement by allowing manufacturers of final products to take credit of ninety-five per cent. of the specified duty paid on listed inputs, while a proviso grants full credit for specified duty on inputs received in the manufacturer's factory on or before the 1st day of June, 1998, to the extent of duty paid.
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.
Credit of specified duty limited for manufacturers, with transitional full credit for inputs received before the amendment.
The amendment replaces the prior entitlement by allowing manufacturers of final products to take credit of ninety-five per cent. of the specified duty paid on listed inputs, while a proviso grants full credit for specified duty on inputs received in the manufacturer's factory on or before the 1st day of June, 1998, to the extent of duty paid.
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