https://www.taxtmi.com/caselaws?id=80227 MODVAT credit was available where duty-paid inputs were received after the declaration had been filed, because the operative rule was satisfied on the admitted facts of post-declaration receipt and supporting gate passes. The Department could not unsettle an earlier quasi-judicial finding in favour of the assessee through independent parallel proceedings; any challenge had to proceed through the statutory review mechanism. On that basis, the disallowance, credit reversal, and penalty were not sustainable, and the assessee's entitlement to credit was upheld. en-us Mon, 22 May 1989 00:00:00 +0530 Wed, 15 Jun 2011 15:37:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80227 MODVAT credit was available where duty-paid inputs were received after the declaration had been filed, because the operative rule was satisfied on the admitted facts of post-declaration receipt and supporting gate passes. The Department could not unsettle an earlier quasi-judicial finding in favour of the assessee through independent parallel proceedings; any challenge had to proceed through the statutory review mechanism. On that basis, the disallowance, credit reversal, and penalty were not sustainable, and the assessee's entitlement to credit was upheld. Case-Laws Central Excise Mon, 22 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80227