https://www.taxtmi.com/caselaws?id=94778 Rule 57B conferred the substantive right to take credit at a higher notional rate, while paragraph 5 of Notification No. 175/86 only fixed the extent of that credit for goods cleared under the notification. Where inputs had originally borne duty under the notification, the later rescission of the notification did not extinguish the credit already earned. The entitlement remained governed by the rule, and the notification's cessation did not defeat credit validly taken on goods cleared while it was in force. The objection to the higher notional credit therefore failed. en-us Mon, 05 Apr 1999 00:00:00 +0530 Sat, 03 Dec 2011 17:10:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94778 Rule 57B conferred the substantive right to take credit at a higher notional rate, while paragraph 5 of Notification No. 175/86 only fixed the extent of that credit for goods cleared under the notification. Where inputs had originally borne duty under the notification, the later rescission of the notification did not extinguish the credit already earned. The entitlement remained governed by the rule, and the notification's cessation did not defeat credit validly taken on goods cleared while it was in force. The objection to the higher notional credit therefore failed. Case-Laws Central Excise Mon, 05 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94778