https://www.taxtmi.com/caselaws?id=72368 Proforma credit could not be denied where receipt of duty-paid inputs, their duty-paid character, and their use in manufacture were not disputed. The only objection was procedural non-compliance, namely delay in filing the D-3 declaration and non-availability of the goods for verification. The text states that such technical lapse did not justify forfeiture of the substantive credit benefit, especially where the inputs had already suffered duty and were used in producing dutiable goods. At most, the procedural default could attract a warning or penalty, but not denial of credit. The assessee was therefore entitled to proforma credit. en-us Wed, 11 Jun 1986 00:00:00 +0530 Wed, 18 May 2011 18:09:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72368 Proforma credit could not be denied where receipt of duty-paid inputs, their duty-paid character, and their use in manufacture were not disputed. The only objection was procedural non-compliance, namely delay in filing the D-3 declaration and non-availability of the goods for verification. The text states that such technical lapse did not justify forfeiture of the substantive credit benefit, especially where the inputs had already suffered duty and were used in producing dutiable goods. At most, the procedural default could attract a warning or penalty, but not denial of credit. The assessee was therefore entitled to proforma credit. Case-Laws Central Excise Wed, 11 Jun 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72368