https://www.taxtmi.com/caselaws?id=91262 Deemed Modvat credit was treated as continuing to be available to an SSI unit even after its clearances crossed the exemption slab under Notification No. 1/93, provided duty was paid at the full rate. The Tribunal followed earlier decisions on the same legal question and applied the same position to connected matters with identical facts. The operative effect was that crossing the Rs. 75 lakhs limit did not, by itself, deprive the unit of deemed credit, and the Revenue's challenge failed. en-us Thu, 20 Aug 1998 00:00:00 +0530 Fri, 14 Oct 2011 18:33:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91262 Deemed Modvat credit was treated as continuing to be available to an SSI unit even after its clearances crossed the exemption slab under Notification No. 1/93, provided duty was paid at the full rate. The Tribunal followed earlier decisions on the same legal question and applied the same position to connected matters with identical facts. The operative effect was that crossing the Rs. 75 lakhs limit did not, by itself, deprive the unit of deemed credit, and the Revenue's challenge failed. Case-Laws Central Excise Thu, 20 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91262