https://www.taxtmi.com/circulars?id=7172 The notification narrows the scope of deemed credit to primary metal and to waste and scrap of non ferrous metals, permitting the exemption for such waste and scrap only where input credit on the originating material was not taken or has been debited back; deemed credit for primary metal applies to stock held on or after 1 3 1986 and for non ferrous waste and scrap to stock held on or after 2 11 1987. en-us Mon, 02 Nov 1987 00:00:00 +0530 Thu, 09 Jul 2009 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7172 The notification narrows the scope of deemed credit to primary metal and to waste and scrap of non ferrous metals, permitting the exemption for such waste and scrap only where input credit on the originating material was not taken or has been debited back; deemed credit for primary metal applies to stock held on or after 1 3 1986 and for non ferrous waste and scrap to stock held on or after 2 11 1987. Circulars Central Excise Mon, 02 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7172