https://www.taxtmi.com/caselaws?id=88939 Rule 57H allows credit for inputs in stock, for inputs received after declaration, and for inputs used in manufacturing final products cleared on or after the relevant date. Credit cannot be denied merely because the inputs were already received before filing the declaration if they were subsequently used in manufacture. The premise that credit is available only when inputs remain as such, or are identifiable in stock or finished goods, is incorrect. Rule 57D also prevents denial of credit simply because inputs are lost, or appear in waste, by-products or other residual forms during the manufacturing process. Credit was therefore available despite loss of the inputs during conversion. en-us Fri, 15 Nov 1996 00:00:00 +0530 Thu, 22 Sep 2011 13:23:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88939 Rule 57H allows credit for inputs in stock, for inputs received after declaration, and for inputs used in manufacturing final products cleared on or after the relevant date. Credit cannot be denied merely because the inputs were already received before filing the declaration if they were subsequently used in manufacture. The premise that credit is available only when inputs remain as such, or are identifiable in stock or finished goods, is incorrect. Rule 57D also prevents denial of credit simply because inputs are lost, or appear in waste, by-products or other residual forms during the manufacturing process. Credit was therefore available despite loss of the inputs during conversion. Case-Laws Central Excise Fri, 15 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88939