https://www.taxtmi.com/caselaws?id=95175 Rule 57A(1) permits Modvat credit on the actual duty paid on eligible inputs where duty-paying documents are available and the substantive conditions are met. Rule 57A(2) functions only as an alternative deemed-credit facility when such documents are unavailable; it does not limit the right to actual credit. The commentary also notes that the relevant notifications covered the inputs and final products, and that a Board circular supported actual credit for a composite mill. Accordingly, an assessee cannot be compelled to accept the less beneficial deemed credit when actual duty-paid credit is otherwise admissible. en-us Fri, 08 Sep 2000 00:00:00 +0530 Thu, 08 Dec 2011 15:04:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95175 Rule 57A(1) permits Modvat credit on the actual duty paid on eligible inputs where duty-paying documents are available and the substantive conditions are met. Rule 57A(2) functions only as an alternative deemed-credit facility when such documents are unavailable; it does not limit the right to actual credit. The commentary also notes that the relevant notifications covered the inputs and final products, and that a Board circular supported actual credit for a composite mill. Accordingly, an assessee cannot be compelled to accept the less beneficial deemed credit when actual duty-paid credit is otherwise admissible. Case-Laws Central Excise Fri, 08 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95175