https://www.taxtmi.com/caselaws?id=89798 Deemed Modvat credit under the 01-03-1994 Ministry of Finance order could not be denied merely because the inputs were scrap said to be clearly recognisable as non-duty paid. The order was read as containing only its express conditions: the re-rollable materials had to be used without melting, purchased from outside, and in stock on or after 01-04-1994. Rule 57G's second proviso permitted denial only for stocks lying in a factory, customs area, or warehouse, and no such excluded location was shown. As the order itself did not add a non-duty-paid restriction, the credit was held admissible and the contrary view was set aside. en-us Fri, 10 Jul 1998 00:00:00 +0530 Thu, 29 Sep 2011 17:27:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89798 Deemed Modvat credit under the 01-03-1994 Ministry of Finance order could not be denied merely because the inputs were scrap said to be clearly recognisable as non-duty paid. The order was read as containing only its express conditions: the re-rollable materials had to be used without melting, purchased from outside, and in stock on or after 01-04-1994. Rule 57G's second proviso permitted denial only for stocks lying in a factory, customs area, or warehouse, and no such excluded location was shown. As the order itself did not add a non-duty-paid restriction, the credit was held admissible and the contrary view was set aside. Case-Laws Central Excise Fri, 10 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89798