https://www.taxtmi.com/caselaws?id=73872 Inputs that had suffered duty and were already eligible for proforma credit under Rule 56A before 1 March 1986 were excluded from the time bar in Rule 57H(2) of the Central Excise Rules, 1944. The denial of Modvat credit on the ground that the inputs were received on or before 31 January 1986 was therefore unsustainable where the record showed a duty-paying document and pre-existing credit eligibility. The matter was set aside and remitted for fresh consideration of entitlement to credit under the applicable excise rules. en-us Thu, 23 Jun 1988 00:00:00 +0530 Sat, 04 Jun 2011 11:00:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73872 Inputs that had suffered duty and were already eligible for proforma credit under Rule 56A before 1 March 1986 were excluded from the time bar in Rule 57H(2) of the Central Excise Rules, 1944. The denial of Modvat credit on the ground that the inputs were received on or before 31 January 1986 was therefore unsustainable where the record showed a duty-paying document and pre-existing credit eligibility. The matter was set aside and remitted for fresh consideration of entitlement to credit under the applicable excise rules. Case-Laws Central Excise Thu, 23 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73872