https://www.taxtmi.com/caselaws?id=87997 Deemed Modvat credit under Rule 57G(2) was treated as dependent on whether the inputs were clearly identifiable as non-duty paid, charged to nil rate, or wholly exempt from duty within the Larger Bench interpretation. The mere fact that the goods had been manufactured earlier from duty-paid inputs did not, by itself, make credit admissible when the goods received at that stage had not suffered duty. On that basis, the credit was correctly disallowed. en-us Thu, 06 Feb 1997 00:00:00 +0530 Wed, 14 Sep 2011 13:12:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87997 Deemed Modvat credit under Rule 57G(2) was treated as dependent on whether the inputs were clearly identifiable as non-duty paid, charged to nil rate, or wholly exempt from duty within the Larger Bench interpretation. The mere fact that the goods had been manufactured earlier from duty-paid inputs did not, by itself, make credit admissible when the goods received at that stage had not suffered duty. On that basis, the credit was correctly disallowed. Case-Laws Central Excise Thu, 06 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87997