https://www.taxtmi.com/caselaws?id=85334 Clause (5) of Notification No. 175/86, read with Rule 57B, confines notional Modvat credit on inputs supplied by SSI units to the basic excise duty component. The clause operates within the concession scheme and is directed to the duty element covered by the notification, so special excise duty cannot be included in the notional computation. Credit is therefore to be worked out on basic excise duty first, with any special excise duty actually paid added separately for Modvat purposes. en-us Tue, 07 May 1996 00:00:00 +0530 Thu, 04 Aug 2011 12:57:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85334 Clause (5) of Notification No. 175/86, read with Rule 57B, confines notional Modvat credit on inputs supplied by SSI units to the basic excise duty component. The clause operates within the concession scheme and is directed to the duty element covered by the notification, so special excise duty cannot be included in the notional computation. Credit is therefore to be worked out on basic excise duty first, with any special excise duty actually paid added separately for Modvat purposes. Case-Laws Central Excise Tue, 07 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85334