https://www.taxtmi.com/caselaws?id=81076 Rule 57G requires a manufacturer to file the prescribed declaration and obtain dated acknowledgement before taking Modvat credit on inputs, but it does not bar credit merely because the inputs were received before the declaration was filed. Where the declaration was filed on 16-12-1986 and credit was taken only on 18-12-1986, denial of credit solely on the basis of earlier receipt of inputs was not justified. However, because the record did not establish the nature of the inputs or the correctness of the credit, the matter required fresh verification by the original authority and reconsideration on remand. en-us Wed, 20 Dec 1989 00:00:00 +0530 Wed, 22 Jun 2011 12:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81076 Rule 57G requires a manufacturer to file the prescribed declaration and obtain dated acknowledgement before taking Modvat credit on inputs, but it does not bar credit merely because the inputs were received before the declaration was filed. Where the declaration was filed on 16-12-1986 and credit was taken only on 18-12-1986, denial of credit solely on the basis of earlier receipt of inputs was not justified. However, because the record did not establish the nature of the inputs or the correctness of the credit, the matter required fresh verification by the original authority and reconsideration on remand. Case-Laws Central Excise Wed, 20 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81076