https://www.taxtmi.com/caselaws?id=80414 MODVAT credit on cotton seed oil was unavailable where the manufacturer had not filed the required declaration and obtained departmental acknowledgement before taking credit. The notification and rules treated that declaration as a condition precedent, so the scheme operated only prospectively after compliance. As the input had been used before the procedural requirement was met, the later claim to credit was rejected and the assessee's contention was not accepted. en-us Wed, 03 Jan 1990 00:00:00 +0530 Thu, 16 Jun 2011 16:33:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80414 MODVAT credit on cotton seed oil was unavailable where the manufacturer had not filed the required declaration and obtained departmental acknowledgement before taking credit. The notification and rules treated that declaration as a condition precedent, so the scheme operated only prospectively after compliance. As the input had been used before the procedural requirement was met, the later claim to credit was rejected and the assessee's contention was not accepted. Case-Laws Central Excise Wed, 03 Jan 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80414