TMI Blog2012 (5) TMI 548X X X X Extracts X X X X X X X X Extracts X X X X ..... the Notification, the credit availed in terms of earlier Notification also lapsed. The appellant was not covered under the subsequent Notification issued under Rule 57A of Central Excuse Rules, 2002 as they were working under compounded levy scheme. As such I hold that the appellant was not entitled to carry forward the balance credit of Rs. 29,352/-. Accordingly I confirm the same. However, in r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rd the deemed credit of Rs. 49,352/-. 2. Revenue is of the view that the said credit was availed under Notification No. 29/96-C.E. (N.T.). Inasmuch as the said Notification was rescinded on 1-4-2000, credit availed under the said Notification also lapsed. New Notification issued under Rule 57A of Central Excise Rules, 2004 was not applicable to the appellant as they were working under the compou ..... X X X X Extracts X X X X X X X X Extracts X X X X
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