https://www.taxtmi.com/caselaws?id=88444 Under the Modvat scheme, restored credit in RG 23A may be used to pay duty on declared final products where inputs are common and there is no one-to-one correlation between inputs and outputs. The only recognised restriction noted was where the final product is wholly exempt or chargeable at nil rate of duty under Rule 57C of the Central Excise Rules, 1944. The later proviso inserted by Notification No. 11/95 was not treated as barring such utilisation on the facts described, and the objection to using the restored credit was rejected. en-us Mon, 24 Mar 1997 00:00:00 +0530 Sat, 17 Sep 2011 18:01:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88444 Under the Modvat scheme, restored credit in RG 23A may be used to pay duty on declared final products where inputs are common and there is no one-to-one correlation between inputs and outputs. The only recognised restriction noted was where the final product is wholly exempt or chargeable at nil rate of duty under Rule 57C of the Central Excise Rules, 1944. The later proviso inserted by Notification No. 11/95 was not treated as barring such utilisation on the facts described, and the objection to using the restored credit was rejected. Case-Laws Central Excise Mon, 24 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88444