Central Excise - Provision for deemed credit in respect of steel sheet of thickness not exceeding 5 mm - Regarding

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..... y of Finance (Department of Revenue) New Delhi Subject : Central Excise - Provision for deemed credit in respect of steel sheet of thickness not exceeding 5 mm - Regarding Representations have been received from various manufacturers and their Associations, manufacturing various final products specified in notification No. 177/86-C.E., dated the 1st March 1986, issued under Rule 57 of t .....

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..... deemed to have paid the specified duty at the rate of Rs. 500 per tonne and a credit of the specified duty in respect of such sheets used in the manufacture of the said final products on which the duty of excise is leviable either in whole or in part, may be allowed at the rate of Rs. 500 per tonne without production of documents evidencing payment of duty. No such credit shall, however be allowed .....

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