https://www.taxtmi.com/caselaws?id=83290 Proforma credit under Rule 56A was not available for waste and scrap cleared under a tariff item different from the inputs, because the credit scheme applied only to specified materials and the waste products themselves lacked the necessary statutory permission. On limitation, the extended period could not be invoked absent fraud, wilful misstatement, suppression of facts, or intent to evade duty; the availment of credit was recorded in the accounts, so the demand was time-barred and the departmental challenge failed. The appellate relief in favour of the assessee was therefore upheld. en-us Tue, 07 Dec 1993 00:00:00 +0530 Tue, 12 Jul 2011 15:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83290 Proforma credit under Rule 56A was not available for waste and scrap cleared under a tariff item different from the inputs, because the credit scheme applied only to specified materials and the waste products themselves lacked the necessary statutory permission. On limitation, the extended period could not be invoked absent fraud, wilful misstatement, suppression of facts, or intent to evade duty; the availment of credit was recorded in the accounts, so the demand was time-barred and the departmental challenge failed. The appellate relief in favour of the assessee was therefore upheld. Case-Laws Central Excise Tue, 07 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83290