https://www.taxtmi.com/caselaws?id=74144 A transitional credit provision inserted in Rule 56A(8) of the Central Excise Rules, 1944, using a non obstante clause, was construed to extend continued input-duty credit not only to manufacturers already availing proforma credit, but also to assessees operating under analogous Rule 8 notifications with a set-off mechanism. On that reading, the credit became available from 1-3-1986, the effective date of the new regime. The timing or absence of a declaration could not defer or curtail that substantive entitlement, because procedural formalities could not override the amendment's operative transitional benefit. en-us Thu, 22 Dec 1988 00:00:00 +0530 Mon, 06 Jun 2011 18:49:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74144 A transitional credit provision inserted in Rule 56A(8) of the Central Excise Rules, 1944, using a non obstante clause, was construed to extend continued input-duty credit not only to manufacturers already availing proforma credit, but also to assessees operating under analogous Rule 8 notifications with a set-off mechanism. On that reading, the credit became available from 1-3-1986, the effective date of the new regime. The timing or absence of a declaration could not defer or curtail that substantive entitlement, because procedural formalities could not override the amendment's operative transitional benefit. Case-Laws Central Excise Thu, 22 Dec 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74144