https://www.taxtmi.com/caselaws?id=85209 Higher Modvat credit on ship-breaking scrap of iron and steel was upheld because the record, including gate passes, showed the scrap originated from imported ships and duty had been paid under the relevant exemption notifications. The restrictive portion of Notification No. 177/86 could not be applied without evidence from the Department that the scrap was generated from ships or floating structures manufactured in India. In the absence of such proof, the assessee's entitlement to the higher credit was sustained and the Revenue challenge failed. en-us Fri, 15 Mar 1996 00:00:00 +0530 Wed, 03 Aug 2011 14:36:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85209 Higher Modvat credit on ship-breaking scrap of iron and steel was upheld because the record, including gate passes, showed the scrap originated from imported ships and duty had been paid under the relevant exemption notifications. The restrictive portion of Notification No. 177/86 could not be applied without evidence from the Department that the scrap was generated from ships or floating structures manufactured in India. In the absence of such proof, the assessee's entitlement to the higher credit was sustained and the Revenue challenge failed. Case-Laws Central Excise Fri, 15 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85209