https://www.taxtmi.com/caselaws?id=122209 Credit of special duty of excise on inputs paid on or before 28-2-1993 could be utilised against duty on final products cleared after 28-2-1993 and before 31-3-1994, because the rule turned on the clearance period of the final products rather than on whether the credit itself was debited before 31-3-1994. The narrower Revenue construction was not supported by the wording of the rule, particularly since the provision was introduced only in August 1993. Credit was therefore admissible for the specified clearances, and the demand and penalty were not sustainable. en-us Tue, 23 Jan 2007 00:00:00 +0530 Thu, 09 Aug 2012 14:23:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122209 Credit of special duty of excise on inputs paid on or before 28-2-1993 could be utilised against duty on final products cleared after 28-2-1993 and before 31-3-1994, because the rule turned on the clearance period of the final products rather than on whether the credit itself was debited before 31-3-1994. The narrower Revenue construction was not supported by the wording of the rule, particularly since the provision was introduced only in August 1993. Credit was therefore admissible for the specified clearances, and the demand and penalty were not sustainable. Case-Laws Central Excise Tue, 23 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122209