https://www.taxtmi.com/caselaws?id=48737 Deemed Modvat credit under the second proviso to Rule 57G(2) is confined to inputs on which duty was actually paid, with the provision relaxing only documentary proof. Inputs that are in fact non-duty paid, wholly exempt, or clearly recognizable as nil-rated do not qualify for deemed credit. In cases involving conditional exemption, entitlement depends on whether the exemption conditions were actually satisfied on the facts, so the Revenue must verify the position before allowing or denying credit. Credit also cannot be claimed on the basis that duty was paid on raw materials used to manufacture the input, because the relevant credit attaches only to duty paid on the input itself. en-us Fri, 02 Feb 1996 00:00:00 +0530 Thu, 16 Nov 2023 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48737 Deemed Modvat credit under the second proviso to Rule 57G(2) is confined to inputs on which duty was actually paid, with the provision relaxing only documentary proof. Inputs that are in fact non-duty paid, wholly exempt, or clearly recognizable as nil-rated do not qualify for deemed credit. In cases involving conditional exemption, entitlement depends on whether the exemption conditions were actually satisfied on the facts, so the Revenue must verify the position before allowing or denying credit. Credit also cannot be claimed on the basis that duty was paid on raw materials used to manufacture the input, because the relevant credit attaches only to duty paid on the input itself. Case-Laws Central Excise Fri, 02 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48737