https://www.taxtmi.com/caselaws?id=91150 Deemed Modvat credit under the Government of India's order dated 12 July 1990 was available only to rerollers holding eligible ingots or rerollable iron or steel material in stock on or after 16 July 1990. Although the goods were wire rods classifiable under Chapter 72 and used in making welding electrodes, the essential condition for the benefit was that the claimant be a reroller. As that condition was not met, the credit claim failed. en-us Mon, 30 Mar 1998 00:00:00 +0530 Fri, 14 Oct 2011 11:38:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91150 Deemed Modvat credit under the Government of India's order dated 12 July 1990 was available only to rerollers holding eligible ingots or rerollable iron or steel material in stock on or after 16 July 1990. Although the goods were wire rods classifiable under Chapter 72 and used in making welding electrodes, the essential condition for the benefit was that the claimant be a reroller. As that condition was not met, the credit claim failed. Case-Laws Central Excise Mon, 30 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91150