https://www.taxtmi.com/caselaws?id=83318 After deletion of clause (ii) from Rule 57H(1), transitional Modvat credit was confined to inputs lying in stock as such or received after filing the Rule 57G declaration. The retained text could not be extended to inputs already consumed and embedded in finished goods lying in stock, because an omitted provision cannot be read back into the rule to enlarge the concession. The later re-insertion of the deleted clause by notification was treated as non-retrospective and did not revive the intervening period. Transitional credit on the input content of finished goods in stock was therefore not admissible. en-us Thu, 19 May 1994 00:00:00 +0530 Tue, 12 Jul 2011 16:45:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83318 After deletion of clause (ii) from Rule 57H(1), transitional Modvat credit was confined to inputs lying in stock as such or received after filing the Rule 57G declaration. The retained text could not be extended to inputs already consumed and embedded in finished goods lying in stock, because an omitted provision cannot be read back into the rule to enlarge the concession. The later re-insertion of the deleted clause by notification was treated as non-retrospective and did not revive the intervening period. Transitional credit on the input content of finished goods in stock was therefore not admissible. Case-Laws Central Excise Thu, 19 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83318