https://www.taxtmi.com/caselaws?id=114266 Deemed credit under Notification No. 29/96-C.E. (N.T.) was unavailable where processed fabrics received from job workers were used again as input for further processing before final clearance. Explanation II was applied to exclude processed fabrics that themselves become inputs for further processing, so the statutory condition for availing deemed credit was not met. Denial of the credit was therefore lawful. en-us Mon, 23 Feb 2004 00:00:00 +0530 Mon, 14 May 2012 12:41:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114266 Deemed credit under Notification No. 29/96-C.E. (N.T.) was unavailable where processed fabrics received from job workers were used again as input for further processing before final clearance. Explanation II was applied to exclude processed fabrics that themselves become inputs for further processing, so the statutory condition for availing deemed credit was not met. Denial of the credit was therefore lawful. Case-Laws Central Excise Mon, 23 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114266