https://www.taxtmi.com/caselaws?id=83008 Exempted steel scrap procured from the market was treated as distinct from goods charged to nil rate of duty, so it could not be regarded as non-duty paid for denying deemed Modvat credit under the relevant Government order. Transitional Modvat credit was also held available where the assessee filed the declaration, furnished stock particulars and otherwise substantially complied with Rule 57H, because denial merely for want of express prior permission was unjustified on the record. The document states that Modvat credit denial on both grounds could not be sustained, and the assessee was entitled to consequential relief. en-us Wed, 01 Sep 1993 00:00:00 +0530 Fri, 08 Jul 2011 18:24:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83008 Exempted steel scrap procured from the market was treated as distinct from goods charged to nil rate of duty, so it could not be regarded as non-duty paid for denying deemed Modvat credit under the relevant Government order. Transitional Modvat credit was also held available where the assessee filed the declaration, furnished stock particulars and otherwise substantially complied with Rule 57H, because denial merely for want of express prior permission was unjustified on the record. The document states that Modvat credit denial on both grounds could not be sustained, and the assessee was entitled to consequential relief. Case-Laws Central Excise Wed, 01 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83008