https://www.taxtmi.com/caselaws?id=120803 Deemed credit was admissible under Rule 9A(2) of the Cenvat Credit Rules, 2002 where the assessee furnished a stock declaration on the date the goods became dutiable. The stock statement of finished goods filed on 1-4-2003 was accepted as the declaration contemplated by Rule 9A(2), and the credit reversal already made related only to inputs in stock. As there was no finding that excess credit had been taken, the case was not governed by Rule 9A(1), which requires duty paying documents. The denial of credit was therefore unsustainable. en-us Wed, 31 Jan 2007 00:00:00 +0530 Tue, 24 Jul 2012 15:19:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120803 Deemed credit was admissible under Rule 9A(2) of the Cenvat Credit Rules, 2002 where the assessee furnished a stock declaration on the date the goods became dutiable. The stock statement of finished goods filed on 1-4-2003 was accepted as the declaration contemplated by Rule 9A(2), and the credit reversal already made related only to inputs in stock. As there was no finding that excess credit had been taken, the case was not governed by Rule 9A(1), which requires duty paying documents. The denial of credit was therefore unsustainable. Case-Laws Central Excise Wed, 31 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120803