https://www.taxtmi.com/caselaws?id=83307 Rule 57H(3) permitted transfer of credit only where the manufacturer had been availing the relevant exemption immediately before the Rule 57G declaration; a prior, discontinued use of Notification No. 201/79 did not satisfy that condition, so the transfer of credit was not admissible. Credit that had already accrued while the notification was in force, but was denied for a procedural reason and later restored on verification of duty-paid documents, could nevertheless be utilised retrospectively. The restoration was treated as reinstatement of an existing credit, with corresponding release of the equivalent amount in the personal ledger account. en-us Mon, 09 May 1994 00:00:00 +0530 Tue, 12 Jul 2011 16:13:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83307 Rule 57H(3) permitted transfer of credit only where the manufacturer had been availing the relevant exemption immediately before the Rule 57G declaration; a prior, discontinued use of Notification No. 201/79 did not satisfy that condition, so the transfer of credit was not admissible. Credit that had already accrued while the notification was in force, but was denied for a procedural reason and later restored on verification of duty-paid documents, could nevertheless be utilised retrospectively. The restoration was treated as reinstatement of an existing credit, with corresponding release of the equivalent amount in the personal ledger account. Case-Laws Central Excise Mon, 09 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83307