https://www.taxtmi.com/caselaws?id=85283 A small-scale manufacturer availing Notification No. 1/93-Central Excises remained eligible for deemed Modvat credit under the Government order issued under Rule 57G(2) even after crossing the Rs. 75 lakhs clearance limit during the financial year. The crossing of that slab did not change the manufacturer's status for the year; it only required duty at the normal rate on clearances above the threshold. The deemed credit was linked to the unit's eligibility under Notification No. 1/93, not to concessional duty on every clearance throughout the year. en-us Sun, 10 Mar 1996 00:00:00 +0530 Wed, 03 Aug 2011 18:39:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85283 A small-scale manufacturer availing Notification No. 1/93-Central Excises remained eligible for deemed Modvat credit under the Government order issued under Rule 57G(2) even after crossing the Rs. 75 lakhs clearance limit during the financial year. The crossing of that slab did not change the manufacturer's status for the year; it only required duty at the normal rate on clearances above the threshold. The deemed credit was linked to the unit's eligibility under Notification No. 1/93, not to concessional duty on every clearance throughout the year. Case-Laws Central Excise Sun, 10 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85283