https://www.taxtmi.com/caselaws?id=113775 Deemed credit under Notification No. 58/97 was held available where the object of the notification was otherwise satisfied, even though payment for inputs was made by another entity. The Tribunal treated the paragraph 5 condition as procedural rather than substantive, so non-compliance did not automatically defeat the credit claim. Rejecting a narrow literal construction that would deny relief to job workers and similar users of inputs, it followed earlier Tribunal reasoning and held that the condition could be condoned in appropriate cases. The denial of deemed credit was therefore unsustainable. en-us Wed, 03 Dec 2003 00:00:00 +0530 Tue, 08 May 2012 13:22:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113775 Deemed credit under Notification No. 58/97 was held available where the object of the notification was otherwise satisfied, even though payment for inputs was made by another entity. The Tribunal treated the paragraph 5 condition as procedural rather than substantive, so non-compliance did not automatically defeat the credit claim. Rejecting a narrow literal construction that would deny relief to job workers and similar users of inputs, it followed earlier Tribunal reasoning and held that the condition could be condoned in appropriate cases. The denial of deemed credit was therefore unsustainable. Case-Laws Central Excise Wed, 03 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113775