https://www.taxtmi.com/caselaws?id=113894 Para 5 of Notification No. 7/2001 was read as limiting deemed Modvat credit only where unprocessed fabrics were woven in the same mill and credit had already been taken on the inputs contained in those fabrics. Where duty-paid yarn was used to make unprocessed fabrics through independent weavers, the exclusion did not apply. On that basis, the deemed credit was available on such unprocessed fabrics, since they were not fabrics woven in the assessee's own mill under the credit rules. en-us Thu, 27 May 2004 00:00:00 +0530 Wed, 09 May 2012 10:53:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113894 Para 5 of Notification No. 7/2001 was read as limiting deemed Modvat credit only where unprocessed fabrics were woven in the same mill and credit had already been taken on the inputs contained in those fabrics. Where duty-paid yarn was used to make unprocessed fabrics through independent weavers, the exclusion did not apply. On that basis, the deemed credit was available on such unprocessed fabrics, since they were not fabrics woven in the assessee's own mill under the credit rules. Case-Laws Central Excise Thu, 27 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113894