https://www.taxtmi.com/caselaws?id=85902 Rule 57B was treated as a deliberate departure from the ordinary Modvat principle that credit is confined to the actual duty paid on inputs. Read with Rule 57H, which permits credit on inputs already in stock when the declaration is filed, the provision was construed to allow higher notional credit on goods sourced from an SSI unit. The analysis held that small scale units should not be placed at a disadvantage merely because their goods attracted concessional duty, and no statutory language justified restricting credit to actual duty paid. The higher notional credit was therefore available, and the assessee's position was accepted with consequential relief. en-us Wed, 26 Jun 1996 00:00:00 +0530 Mon, 08 Aug 2011 17:56:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85902 Rule 57B was treated as a deliberate departure from the ordinary Modvat principle that credit is confined to the actual duty paid on inputs. Read with Rule 57H, which permits credit on inputs already in stock when the declaration is filed, the provision was construed to allow higher notional credit on goods sourced from an SSI unit. The analysis held that small scale units should not be placed at a disadvantage merely because their goods attracted concessional duty, and no statutory language justified restricting credit to actual duty paid. The higher notional credit was therefore available, and the assessee's position was accepted with consequential relief. Case-Laws Central Excise Wed, 26 Jun 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85902