https://www.taxtmi.com/caselaws?id=53183 Deemed Modvat credit under Notification No. 58/97-C.E. was available only where the invoice expressly declared that appropriate duty had already been discharged under Section 3A of the Central Excise Act, 1944. A statement that duty liability was merely to be discharged under Rule 96ZP(3) did not satisfy that condition, and the compounded levy scheme did not cure the defective declaration. On that basis, deemed credit on the disputed invoices was inadmissible and the disallowance was restored. en-us Thu, 04 Mar 2004 00:00:00 +0530 Mon, 11 Oct 2010 14:09:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53183 Deemed Modvat credit under Notification No. 58/97-C.E. was available only where the invoice expressly declared that appropriate duty had already been discharged under Section 3A of the Central Excise Act, 1944. A statement that duty liability was merely to be discharged under Rule 96ZP(3) did not satisfy that condition, and the compounded levy scheme did not cure the defective declaration. On that basis, deemed credit on the disputed invoices was inadmissible and the disallowance was restored. Case-Laws Central Excise Thu, 04 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53183