https://www.taxtmi.com/caselaws?id=257798 Deemed credit under Notification No. 1/93-CE remained available to a re-roller despite clearances crossing the exemption limit and duty being paid at the full rate. The Court construed the scheme and the condition of availing the notification, and followed the earlier view in connected matters as well as the Tribunal's approach, holding that the benefit was not lost merely because the exemption threshold had been exceeded. The deeming credit entitlement was therefore upheld in favour of the assessee and against the department. en-us Thu, 08 Jan 2015 00:00:00 +0530 Mon, 23 Mar 2015 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257798 Deemed credit under Notification No. 1/93-CE remained available to a re-roller despite clearances crossing the exemption limit and duty being paid at the full rate. The Court construed the scheme and the condition of availing the notification, and followed the earlier view in connected matters as well as the Tribunal's approach, holding that the benefit was not lost merely because the exemption threshold had been exceeded. The deeming credit entitlement was therefore upheld in favour of the assessee and against the department. Case-Laws Central Excise Thu, 08 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257798