https://www.taxtmi.com/caselaws?id=86685 Inputs cleared from a factory for home consumption under Modvat are chargeable to duty at the rate prevailing on the date of removal, because Rule 57F(1)(ii) requires such inputs to be treated as if manufactured in the factory. The proviso limiting duty so that it is not less than the credit taken under Rule 57A applies only when the duty otherwise payable is below the credit already availed. Where the duty at removal exceeds the deemed credit, the proviso has no application and the higher rate is payable. en-us Wed, 07 May 1997 00:00:00 +0530 Fri, 26 Aug 2011 15:14:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86685 Inputs cleared from a factory for home consumption under Modvat are chargeable to duty at the rate prevailing on the date of removal, because Rule 57F(1)(ii) requires such inputs to be treated as if manufactured in the factory. The proviso limiting duty so that it is not less than the credit taken under Rule 57A applies only when the duty otherwise payable is below the credit already availed. Where the duty at removal exceeds the deemed credit, the proviso has no application and the higher rate is payable. Case-Laws Central Excise Wed, 07 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86685