1998 (1) TMI 151

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.... JDR, for the Respondent. [Order per : K.S. Venkataramani, Member (T)]. -  The appellants, a small scale industrial unit, 1 submitted classification list on 6-6-1990 for clearance of iron drums under Heading 73.10 of Central Excise Tariff Act, 1985, for being captively consumed in packing S.O. Dyes under Notification 175/86. They availed or Modvat credit under Notification 175/86 read w....

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....ment in a taxing statute. Ld. DR Shri S.V. Singh has reiterated the reasoning in the impugned order. 3. On a careful consideration of submissions, we find that the provision for higher notional credit under Rule 57B is a unique and special facility for encouraging purchase of goods from small scale units. It beings with a non obstante clause, and states that notwithstanding anything contai....

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....her credit on inputs on a notional basis. 4. In such a context of the uniqueness of the Rule 57B, it will be necessary to look to the objective which it seeks to serve. This Rule was introduced basically to give higher notional credit to manufacturers who were purchasing inputs from SSI units who were granted various exemptions like Notification 175/86. However, manufacturer buying inputs ....