https://www.taxtmi.com/caselaws?id=338831 Deemed credit on grey fabrics was admissible where the dispute concerned whether grey fabrics, though not separately declared as an input under Notification No. 6/2002-CE(NT), could qualify under Rule 11 of the Cenvat Credit Rules, 2002. The rule was applied on the basis that deemed credit is available when the notified inputs are contained in the final products, even if they are not directly used by the manufacturer. Processed fabrics were treated as final products containing yarn or fabric, so the rule's conditions were satisfied and the issue was answered in favour of the assessee and against the revenue. en-us Thu, 01 Dec 2016 00:00:00 +0530 Tue, 30 Jan 2018 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338831 Deemed credit on grey fabrics was admissible where the dispute concerned whether grey fabrics, though not separately declared as an input under Notification No. 6/2002-CE(NT), could qualify under Rule 11 of the Cenvat Credit Rules, 2002. The rule was applied on the basis that deemed credit is available when the notified inputs are contained in the final products, even if they are not directly used by the manufacturer. Processed fabrics were treated as final products containing yarn or fabric, so the rule's conditions were satisfied and the issue was answered in favour of the assessee and against the revenue. Case-Laws Central Excise Thu, 01 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338831