https://www.taxtmi.com/caselaws?id=85320 Credit earned under a rescinded rebate notification could continue to be used, but only within the express ceiling and conditions of the scheme. The rescission of Notification 27/87 did not extinguish credit already accrued while it was in force; it merely stopped fresh accrual after rescission. However, the rebate framework under Rule 57K and the related notifications kept the utilisation cap binding for each individual clearance of vanaspati, and excess credit could not be refunded, adjusted, or used to exceed that limit. Accordingly, accumulated credit under one notification could not be combined with credit under another notification to cross the prescribed ceiling. en-us Tue, 16 Apr 1996 00:00:00 +0530 Thu, 04 Aug 2011 12:19:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85320 Credit earned under a rescinded rebate notification could continue to be used, but only within the express ceiling and conditions of the scheme. The rescission of Notification 27/87 did not extinguish credit already accrued while it was in force; it merely stopped fresh accrual after rescission. However, the rebate framework under Rule 57K and the related notifications kept the utilisation cap binding for each individual clearance of vanaspati, and excess credit could not be refunded, adjusted, or used to exceed that limit. Accordingly, accumulated credit under one notification could not be combined with credit under another notification to cross the prescribed ceiling. Case-Laws Central Excise Tue, 16 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85320