https://www.taxtmi.com/caselaws?id=111988 Notification No. 29/96 was construed to permit credit of declared duty on grey fabrics used as inputs when the processed fabrics were used to make made-up articles exported under bond. The proviso to clause 3 allowed such input credit to be utilised toward duty on final products cleared for home consumption or for export on payment of duty, and that entitlement was not confined to final products specifically named in the notification. The attempted departmental restriction was found inconsistent with the plain wording of the provision, so the credit was treated as admissible. en-us Thu, 10 Jun 2004 00:00:00 +0530 Thu, 26 Apr 2012 11:42:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111988 Notification No. 29/96 was construed to permit credit of declared duty on grey fabrics used as inputs when the processed fabrics were used to make made-up articles exported under bond. The proviso to clause 3 allowed such input credit to be utilised toward duty on final products cleared for home consumption or for export on payment of duty, and that entitlement was not confined to final products specifically named in the notification. The attempted departmental restriction was found inconsistent with the plain wording of the provision, so the credit was treated as admissible. Case-Laws Central Excise Thu, 10 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111988