https://www.taxtmi.com/caselaws?id=74783 Deemed MODVAT credit may be denied for copper scrap and aluminium scrap where unconditional exemption notifications make the inputs clearly recognisable as non-duty paid, notwithstanding a deeming clause treating stock as duty paid for notification purposes. Credit is therefore unavailable for such scrap. Unwrought copper covered by a conditional exemption notification cannot be treated similarly without enquiry or proof that the particular inputs originated from a non-duty-paid stream and satisfied the exemption conditions. Deemed credit remains allowable for unwrought copper absent that proof. The distinction turns on whether the exemption is unconditional or conditional and on evidence linking the inputs to non-duty-paid status. en-us Mon, 13 Mar 1989 00:00:00 +0530 Fri, 10 Jun 2011 18:51:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74783 Deemed MODVAT credit may be denied for copper scrap and aluminium scrap where unconditional exemption notifications make the inputs clearly recognisable as non-duty paid, notwithstanding a deeming clause treating stock as duty paid for notification purposes. Credit is therefore unavailable for such scrap. Unwrought copper covered by a conditional exemption notification cannot be treated similarly without enquiry or proof that the particular inputs originated from a non-duty-paid stream and satisfied the exemption conditions. Deemed credit remains allowable for unwrought copper absent that proof. The distinction turns on whether the exemption is unconditional or conditional and on evidence linking the inputs to non-duty-paid status. Case-Laws Central Excise Mon, 13 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74783