https://www.taxtmi.com/caselaws?id=82308 Rule 56A did not require RG 23 credit to be wiped out merely because the finished product had ceased to be dutiable or because the underlying duty liability remained unresolved. Where the assessee's final liability on compound fertilisers was still sub judice before the Supreme Court, the credit balance was only a paper entry and immediate closure was not warranted. The administrative treatment of the credit as lapsed was therefore set aside, and the credit was directed to be carried forward until the pending liability issues were finally determined. en-us Mon, 13 Jun 1983 00:00:00 +0530 Mon, 04 Jul 2011 12:36:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82308 Rule 56A did not require RG 23 credit to be wiped out merely because the finished product had ceased to be dutiable or because the underlying duty liability remained unresolved. Where the assessee's final liability on compound fertilisers was still sub judice before the Supreme Court, the credit balance was only a paper entry and immediate closure was not warranted. The administrative treatment of the credit as lapsed was therefore set aside, and the credit was directed to be carried forward until the pending liability issues were finally determined. Case-Laws Central Excise Mon, 13 Jun 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82308