2000 (10) TMI 115

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....t more than 5 millimeter thick received by it between 26-7-1990 and 30-4-1991 at Rs. 500/- per metric tonne. The actual deemed credit available was Rs. 700/- per metric tonne, the amount having been raised from Rs. 500/- per metric tonne to Rs. 700/- per metric tonne by government's order of 12-7-1990. The appellant realised that by mistake it was availing lower amount of credit and in October, 19....

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....tter date. The rules at the relevant time provide that a manufacturer may take credit of the duty paid on the inputs received by it, or on such amount as may be specified as credit in cases where evidence of payment of duty was dispensed. It is on the basis of the latter provision that the respondent has taken credit. As long as these requirements are satisfied, it is difficult to see why the act ....