2017 (1) TMI 355

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....for the Appellant. None, for the Respondent. ORDER [Order per : Justice Satish Chandra, President]. - The appellant is manufacturer of fabrics falling under Chapter 52 of Central Excise Tariff Act, 1985. They availed deemed credit in terms of Notification No. 6/2002-C.E. (N.T.), dated 1-3-2002. The deemed credit taken on grey fabrics was sought to be disallowed on the ground that these go....

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....is also clarified that "the deemed credit is admissible even when the declared inputs are not used directly in the manufacture of final products, but are contained in the final product". Thus, the said Board's Circular has made implicit the deeming provisions of said notification to the effect that the grey fabrics are manufactured out of duty paid yarn and that the yarn has suffered appropriate d....