https://www.taxtmi.com/caselaws?id=33299 A manufacturer remained entitled to deemed credit under the 01.03.1994 order if it continued to fall within Notification No. 1/93-C.E.; exhaustion of the exemption quantum after clearances of Rs. 75 lakhs did not by itself end eligibility. The High Court held that the order extended to all units availing the notification, so the Tribunal erred in reading it narrowly. It also held that Trade Notice No. 81/94 could not restrict or override the Ministry's deemed credit order, since subordinate administrative guidance cannot curtail the scope of the higher order. The reference was answered in favour of the assessee, and the contrary interpretation was rejected. en-us Fri, 10 Apr 2009 00:00:00 +0530 Tue, 12 Jan 2010 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33299 A manufacturer remained entitled to deemed credit under the 01.03.1994 order if it continued to fall within Notification No. 1/93-C.E.; exhaustion of the exemption quantum after clearances of Rs. 75 lakhs did not by itself end eligibility. The High Court held that the order extended to all units availing the notification, so the Tribunal erred in reading it narrowly. It also held that Trade Notice No. 81/94 could not restrict or override the Ministry's deemed credit order, since subordinate administrative guidance cannot curtail the scope of the higher order. The reference was answered in favour of the assessee, and the contrary interpretation was rejected. Case-Laws Central Excise Fri, 10 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33299