https://www.taxtmi.com/caselaws?id=108798 Notification No. 21/99 and Rule 57F(12) allowed utilisation of specified AED(T) credit only against AED(T) liability on eligible final products, with separate accounting of the credit and its use. The Tribunal held that the scheme did not require a one-to-one correlation between duty paid on inputs and duty paid on final products. Because the assessee used AED(T) credit only for payment of AED(T) on cotton yarn and blended yarn manufactured by it, the credit could not be denied on that basis and the Revenue's appeal failed. en-us Tue, 07 Jan 2003 00:00:00 +0530 Tue, 03 Apr 2012 18:44:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108798 Notification No. 21/99 and Rule 57F(12) allowed utilisation of specified AED(T) credit only against AED(T) liability on eligible final products, with separate accounting of the credit and its use. The Tribunal held that the scheme did not require a one-to-one correlation between duty paid on inputs and duty paid on final products. Because the assessee used AED(T) credit only for payment of AED(T) on cotton yarn and blended yarn manufactured by it, the credit could not be denied on that basis and the Revenue's appeal failed. Case-Laws Central Excise Tue, 07 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108798