https://www.taxtmi.com/caselaws?id=73866 Notification No. 95/79-C.E. was read as requiring only compliance with the procedure under Rule 56A of the Central Excise Rules, not the full set of Rule 56A conditions. On that reading, the notification did not impose an express requirement of a direct nexus between inputs and outputs or limit proforma credit to duty-paid clearances of the final products. The stated effect was that the assessee could claim proforma credit on the duty paid on corresponding inputs. A dissent took the view that proviso 2 confined the exemption to duty leviable on the final product, so credit was unavailable where the final product was cleared without payment of duty. en-us Thu, 16 Jun 1988 00:00:00 +0530 Sat, 04 Jun 2011 10:42:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73866 Notification No. 95/79-C.E. was read as requiring only compliance with the procedure under Rule 56A of the Central Excise Rules, not the full set of Rule 56A conditions. On that reading, the notification did not impose an express requirement of a direct nexus between inputs and outputs or limit proforma credit to duty-paid clearances of the final products. The stated effect was that the assessee could claim proforma credit on the duty paid on corresponding inputs. A dissent took the view that proviso 2 confined the exemption to duty leviable on the final product, so credit was unavailable where the final product was cleared without payment of duty. Case-Laws Central Excise Thu, 16 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73866