https://www.taxtmi.com/caselaws?id=52249 Notification 29/96 governed deemed credit for specified grey fabrics and did not, on its terms, exclude actual credit under Rule 57A(1) on separately received processed fabrics. The trade notice relied upon also recognised that, for partially processed fabrics, actual duty paid earlier could be taken as credit under Rule 57A(1). Since the authorities failed to distinguish grey fabrics from processed fabrics or show any bar on concurrent operation of the two credit mechanisms, denial of credit and penalty were unsustainable and the adverse order was set aside. en-us Thu, 28 Aug 2003 00:00:00 +0530 Mon, 04 Oct 2010 14:10:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52249 Notification 29/96 governed deemed credit for specified grey fabrics and did not, on its terms, exclude actual credit under Rule 57A(1) on separately received processed fabrics. The trade notice relied upon also recognised that, for partially processed fabrics, actual duty paid earlier could be taken as credit under Rule 57A(1). Since the authorities failed to distinguish grey fabrics from processed fabrics or show any bar on concurrent operation of the two credit mechanisms, denial of credit and penalty were unsustainable and the adverse order was set aside. Case-Laws Central Excise Thu, 28 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52249