https://www.taxtmi.com/caselaws?id=80402 Inputs cleared under a conditional exemption notification were not treated as goods charged to nil rate of duty for purposes of the 7-4-1986 deemed credit order. The exclusion in that order applied only to inputs clearly recognisable as non-duty paid or tariff-rated at nil, and purchases from another manufacturer were treated as purchases from the open market. The later 2-5-1988 order expressly added wholly exempted goods to the exclusion clause, confirming that the earlier order did not already cover such goods. Deemed modvat credit was therefore admissible and the denial of credit was set aside. en-us Thu, 14 Dec 1989 00:00:00 +0530 Thu, 16 Jun 2011 15:54:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80402 Inputs cleared under a conditional exemption notification were not treated as goods charged to nil rate of duty for purposes of the 7-4-1986 deemed credit order. The exclusion in that order applied only to inputs clearly recognisable as non-duty paid or tariff-rated at nil, and purchases from another manufacturer were treated as purchases from the open market. The later 2-5-1988 order expressly added wholly exempted goods to the exclusion clause, confirming that the earlier order did not already cover such goods. Deemed modvat credit was therefore admissible and the denial of credit was set aside. Case-Laws Central Excise Thu, 14 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80402