https://www.taxtmi.com/caselaws?id=173734 A manufacturer availing exemption under Notification No. 1/93-C.E. could continue to claim deemed credit after clearances crossed Rs. 75 lakhs and up to Rs. 2 crores, because an earlier Division Bench ruling had already held that excess duty payment within the prescribed limits entitled the assessee to such benefit. The court followed that binding view and held that documentary production was not required as a condition for availing deemed credit. The reference was answered in favour of the assessee on the stated facts. en-us Thu, 18 Mar 2010 00:00:00 +0530 Wed, 24 May 2017 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173734 A manufacturer availing exemption under Notification No. 1/93-C.E. could continue to claim deemed credit after clearances crossed Rs. 75 lakhs and up to Rs. 2 crores, because an earlier Division Bench ruling had already held that excess duty payment within the prescribed limits entitled the assessee to such benefit. The court followed that binding view and held that documentary production was not required as a condition for availing deemed credit. The reference was answered in favour of the assessee on the stated facts. Case-Laws Central Excise Thu, 18 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173734