https://www.taxtmi.com/caselaws?id=85272 Higher notional MODVAT credit under Rule 57B cannot be extended to inputs covered by transitional credit under Rule 57H. Rule 57B is an exception to Rule 57A that grants enhanced notional credit for purchases from small scale or exempted units, but Rule 57H is a separate transitional provision for inputs already in stock before the dated acknowledgement under Rule 57G. Because Rule 57H allows only the actual duty paid on such pre-declaration inputs, the higher notional benefit under Rule 57B cannot be imported into that scheme. The credit is therefore confined to actual duty paid, and the Revenue's objection succeeds. en-us Mon, 05 Feb 1996 00:00:00 +0530 Wed, 03 Aug 2011 18:21:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85272 Higher notional MODVAT credit under Rule 57B cannot be extended to inputs covered by transitional credit under Rule 57H. Rule 57B is an exception to Rule 57A that grants enhanced notional credit for purchases from small scale or exempted units, but Rule 57H is a separate transitional provision for inputs already in stock before the dated acknowledgement under Rule 57G. Because Rule 57H allows only the actual duty paid on such pre-declaration inputs, the higher notional benefit under Rule 57B cannot be imported into that scheme. The credit is therefore confined to actual duty paid, and the Revenue's objection succeeds. Case-Laws Central Excise Mon, 05 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85272