CE Rule 57AK Credit of Duty on Hot re-rolled Products, etc.

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..... , 1944, the Central Government, hereby declares the following inputs and the final products falling within the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), namely:- S. No. Inputs Final Products 1. Hot re-rolled products of non-alloy steel falling under sub-heading Nos.7211.11, 7211.19, 7211.30, 7211.52, 7211.59, 7211.60, 7211.92, 7211 .....

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..... l be equivalent to the amount calculated at the rate of twelve per cent. of the price, as declared by the manufacturer in the invoice accompanying the said inputs (hereinafter referred to as invoice price), and credit of the deemed duty so determined shall be allowed to the manufacturer of the final products. 3. The credit of deemed duty allowed in respect of the said inputs shall be utilized onl .....

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..... n respect of such duty. 4. The provisions of this notification shall apply to only those inputs which have been received directly by the manufacturer of the final products from the factory of the manufacturer of the said inputs under the cover of an invoice declaring that the appropriate duty of excise has been paid on such inputs under the provisions of section 3A of the said Act. 5. The provis .....

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