https://www.taxtmi.com/caselaws?id=40611 Rule 56A(3)(vi) of the Central Excise Rules was construed as allowing duty credit where imported material or component parts were used in manufacturing finished excisable goods, without requiring a one-to-one correlation between the imported input and the final product. On the facts, the imported Rock Phosphate was fully accounted for and wholly utilised in the manufacture of fertilisers, with no diversion or misdirection. The court therefore rejected the correlation requirement and held that the petitioners had complied with the rule, rendering the demand unsustainable and the writ petition successful. en-us Mon, 05 Feb 1979 00:00:00 +0530 Wed, 12 May 2010 10:02:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40611 Rule 56A(3)(vi) of the Central Excise Rules was construed as allowing duty credit where imported material or component parts were used in manufacturing finished excisable goods, without requiring a one-to-one correlation between the imported input and the final product. On the facts, the imported Rock Phosphate was fully accounted for and wholly utilised in the manufacture of fertilisers, with no diversion or misdirection. The court therefore rejected the correlation requirement and held that the petitioners had complied with the rule, rendering the demand unsustainable and the writ petition successful. Case-Laws Central Excise Mon, 05 Feb 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40611