https://www.taxtmi.com/caselaws?id=74781 Deemed MODVAT credit on steel scrap was available only after filing the Rule 57G declaration and obtaining dated acknowledgement; the deemed-credit direction dispensed with duty documents but not with that precondition. The transitional facility under Rule 57H was confined to inputs received on or after 1-3-1986 and did not extend beyond 31-3-1986, so credit on earlier stock or receipts was not available except within that limited window. The reversal demand was treated as within limitation on the footing of suppression and departmental detection. Personal penalty was found unwarranted because the record did not show mala fides, so that component was deleted. en-us Thu, 02 Mar 1989 00:00:00 +0530 Fri, 10 Jun 2011 18:46:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74781 Deemed MODVAT credit on steel scrap was available only after filing the Rule 57G declaration and obtaining dated acknowledgement; the deemed-credit direction dispensed with duty documents but not with that precondition. The transitional facility under Rule 57H was confined to inputs received on or after 1-3-1986 and did not extend beyond 31-3-1986, so credit on earlier stock or receipts was not available except within that limited window. The reversal demand was treated as within limitation on the footing of suppression and departmental detection. Personal penalty was found unwarranted because the record did not show mala fides, so that component was deleted. Case-Laws Central Excise Thu, 02 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74781