https://www.taxtmi.com/circulars?id=7263 Steel sheets of thickness not exceeding 5 mm under Heading 72.12, purchased from outside and held in stock on or after 1-6-1986 by manufacturers of final products specified in Notification No. 177/86-C.E., may be deemed to have paid the specified duty at the revised rate and credit of that specified duty may be allowed without production of duty-payment documents. Credit is not allowable where credit has already been claimed, where inputs are clearly recognisable as non-duty paid or nil-rated, or where documentary evidence shows reduced duty was paid under the electric-furnace proviso to Notification No. 55/86-C.E. en-us Thu, 12 Jun 1986 00:00:00 +0530 Thu, 09 Jul 2009 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7263 Steel sheets of thickness not exceeding 5 mm under Heading 72.12, purchased from outside and held in stock on or after 1-6-1986 by manufacturers of final products specified in Notification No. 177/86-C.E., may be deemed to have paid the specified duty at the revised rate and credit of that specified duty may be allowed without production of duty-payment documents. Credit is not allowable where credit has already been claimed, where inputs are clearly recognisable as non-duty paid or nil-rated, or where documentary evidence shows reduced duty was paid under the electric-furnace proviso to Notification No. 55/86-C.E. Circulars Central Excise Thu, 12 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7263