https://www.taxtmi.com/caselaws?id=85298 Rule 57H transitional credit under the Central Excise MODVAT scheme was confined to the duty actually paid on inputs lying in stock before the declaration under Rule 57G was acknowledged. The text distinguishes this from Rule 57B, which granted higher notional credit for specified exempt-sector inputs to assessees already operating within the MODVAT scheme. For pre-declaration stock, the operative relief under Rule 57H was limited to actual duty-paid credit, and the higher notional credit under Rule 57B was not available. en-us Mon, 25 Mar 1996 00:00:00 +0530 Thu, 04 Aug 2011 10:36:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85298 Rule 57H transitional credit under the Central Excise MODVAT scheme was confined to the duty actually paid on inputs lying in stock before the declaration under Rule 57G was acknowledged. The text distinguishes this from Rule 57B, which granted higher notional credit for specified exempt-sector inputs to assessees already operating within the MODVAT scheme. For pre-declaration stock, the operative relief under Rule 57H was limited to actual duty-paid credit, and the higher notional credit under Rule 57B was not available. Case-Laws Central Excise Mon, 25 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85298