https://www.taxtmi.com/caselaws?id=3786 A deemed credit notification permitting credit without duty-paying documents allowed the credit only at the time of clearance of the final product. The scheme was treated as imposing a timing condition, so the manufacturer could not avail deemed credit earlier than clearance, unlike normal input credit taken on receipt of inputs. The departmental challenge failed because the assessees' claim to earlier credit was inconsistent with the notification's express restriction. en-us Wed, 24 Oct 2007 00:00:00 +0530 Thu, 01 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3786 A deemed credit notification permitting credit without duty-paying documents allowed the credit only at the time of clearance of the final product. The scheme was treated as imposing a timing condition, so the manufacturer could not avail deemed credit earlier than clearance, unlike normal input credit taken on receipt of inputs. The departmental challenge failed because the assessees' claim to earlier credit was inconsistent with the notification's express restriction. Case-Laws Central Excise Wed, 24 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3786