https://www.taxtmi.com/caselaws?id=98622 Rule 57H(3) permits transfer of duty credit only for duty-paid inputs or component parts received by a manufacturer and lying unutilised immediately before the Rule 57G declaration. Cut tobacco already consumed in manufacturing cigarettes does not qualify for transfer merely because the finished cigarettes remain unexported. The note distinguishes precedent on accrued Modvat credit, as no credit existed on unutilised stock here. On that basis, the transfer claim was rejected and the balance disallowance was maintained against the assessee. en-us Mon, 06 Aug 2001 00:00:00 +0530 Sat, 21 Jan 2012 13:13:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98622 Rule 57H(3) permits transfer of duty credit only for duty-paid inputs or component parts received by a manufacturer and lying unutilised immediately before the Rule 57G declaration. Cut tobacco already consumed in manufacturing cigarettes does not qualify for transfer merely because the finished cigarettes remain unexported. The note distinguishes precedent on accrued Modvat credit, as no credit existed on unutilised stock here. On that basis, the transfer claim was rejected and the balance disallowance was maintained against the assessee. Case-Laws Central Excise Mon, 06 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98622