https://www.taxtmi.com/caselaws?id=166786 Proforma credit under Rule 56-A of the Central Excise Rules, 1944 could continue despite rescission of the earlier notification where the goods remained covered by the rule, the assessee had filed the required intimations and returns, and credit was taken under valid authority with substantial compliance of procedure. The later notification carried forward a substantially similar exemption and procedural framework, so rescission of the earlier notification did not by itself extinguish the existing sanction or require fresh permission. Continued availment of the credit was therefore treated as valid, and the demand and disallowance were held unsustainable. en-us Tue, 10 Jan 1984 00:00:00 +0530 Tue, 04 Nov 2014 18:47:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166786 Proforma credit under Rule 56-A of the Central Excise Rules, 1944 could continue despite rescission of the earlier notification where the goods remained covered by the rule, the assessee had filed the required intimations and returns, and credit was taken under valid authority with substantial compliance of procedure. The later notification carried forward a substantially similar exemption and procedural framework, so rescission of the earlier notification did not by itself extinguish the existing sanction or require fresh permission. Continued availment of the credit was therefore treated as valid, and the demand and disallowance were held unsustainable. Case-Laws Central Excise Tue, 10 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166786