https://www.taxtmi.com/caselaws?id=81840 Deemed Modvat credit under Rule 57G was treated as available for unwrought zinc/spelter lying in stock or in the manufacturing area, because "inputs in stock" was read broadly and the transitional relaxation in Rule 57H was held to apply harmoniously to the deemed credit scheme for final products cleared on or after 1-3-1986, subject to the stipulated duty-payment condition. Credit on zinc scrap received from the assessee's own plants was not available, since it was not properly raised at the hearing stage and, in any event, such scrap was clearly recognisable as non-duty paid and outside the scheme. en-us Tue, 07 Apr 1992 00:00:00 +0530 Wed, 29 Jun 2011 12:10:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81840 Deemed Modvat credit under Rule 57G was treated as available for unwrought zinc/spelter lying in stock or in the manufacturing area, because "inputs in stock" was read broadly and the transitional relaxation in Rule 57H was held to apply harmoniously to the deemed credit scheme for final products cleared on or after 1-3-1986, subject to the stipulated duty-payment condition. Credit on zinc scrap received from the assessee's own plants was not available, since it was not properly raised at the hearing stage and, in any event, such scrap was clearly recognisable as non-duty paid and outside the scheme. Case-Laws Central Excise Tue, 07 Apr 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81840