https://www.taxtmi.com/caselaws?id=118094 Proforma credit was admissible for intermediate goods used in the factory because the goods had been duly notified during the relevant period under Rule 56A of the Central Excise Rules, 1944, and the classification and dutiability issues had already been settled. The assessee therefore obtained credit relief. Penalty was also set aside because the proceedings had remained pending for an unduly long period before final determination of classification and dutiability, making waiver justified in the circumstances. en-us Wed, 07 Jun 2006 00:00:00 +0530 Thu, 28 Jun 2012 14:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118094 Proforma credit was admissible for intermediate goods used in the factory because the goods had been duly notified during the relevant period under Rule 56A of the Central Excise Rules, 1944, and the classification and dutiability issues had already been settled. The assessee therefore obtained credit relief. Penalty was also set aside because the proceedings had remained pending for an unduly long period before final determination of classification and dutiability, making waiver justified in the circumstances. Case-Laws Central Excise Wed, 07 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118094