https://www.taxtmi.com/caselaws?id=88839 Rule 57F(3) of the Central Excise Rules, 1944 allows credit relating to inputs used in final products exported under bond to be utilised for duty on similar final products cleared for home consumption. The Tribunal stated that "similar" is not confined to identity of tariff heading or sub-heading and must be construed more broadly on the facts and classification of the products. Applying that principle, machined flanges exported under bond and unmachined flanges cleared for home consumption were treated as eligible for cross-utilisation of credit, and the restriction imposed by the lower authorities was set aside. en-us Fri, 24 Apr 1998 00:00:00 +0530 Wed, 21 Sep 2011 16:46:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88839 Rule 57F(3) of the Central Excise Rules, 1944 allows credit relating to inputs used in final products exported under bond to be utilised for duty on similar final products cleared for home consumption. The Tribunal stated that "similar" is not confined to identity of tariff heading or sub-heading and must be construed more broadly on the facts and classification of the products. Applying that principle, machined flanges exported under bond and unmachined flanges cleared for home consumption were treated as eligible for cross-utilisation of credit, and the restriction imposed by the lower authorities was set aside. Case-Laws Central Excise Fri, 24 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88839