Modvat credit entitlement upheld where input description and Chapter number are correct despite minor classification variations. Under rule 57G, Modvat credit should be allowed where the prescribed declaration correctly states the description of inputs and the Chapter number; minor variations in six digit classification or changes in chapter heading due to evolving classification practice should not justify denial of credit so long as such variations do not affect the rate of duty.
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Provisions expressly mentioned in the judgment/order text.
Modvat credit entitlement upheld where input description and Chapter number are correct despite minor classification variations.
Under rule 57G, Modvat credit should be allowed where the prescribed declaration correctly states the description of inputs and the Chapter number; minor variations in six digit classification or changes in chapter heading due to evolving classification practice should not justify denial of credit so long as such variations do not affect the rate of duty.
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