https://www.taxtmi.com/caselaws?id=93671 Credit under Rule 57H could not be denied merely because separate records of inputs in process were not maintained, as no statutory provision required such separate maintenance. The quantity of inputs in process could be derived from the stock position on the relevant date together with subsequent receipts and consumption, using the records kept for inputs. Since the assessee's figures appeared to fall within available stock, the appellate authority held that those figures required verification against the relevant records before any final determination. The denial of credit was not sustained on the existing reasoning, and the matter was remanded for de novo adjudication after record verification. en-us Wed, 25 Aug 1999 00:00:00 +0530 Mon, 21 Nov 2011 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93671 Credit under Rule 57H could not be denied merely because separate records of inputs in process were not maintained, as no statutory provision required such separate maintenance. The quantity of inputs in process could be derived from the stock position on the relevant date together with subsequent receipts and consumption, using the records kept for inputs. Since the assessee's figures appeared to fall within available stock, the appellate authority held that those figures required verification against the relevant records before any final determination. The denial of credit was not sustained on the existing reasoning, and the matter was remanded for de novo adjudication after record verification. Case-Laws Central Excise Wed, 25 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93671