https://www.taxtmi.com/caselaws?id=81100 Credit of duty paid on inputs was said to be unavailable for want of prior declaration under the general Modvat declaration rule, but the dispute centred on whether the amended transitional provision could still protect inputs already lying in stock. The inputs were admittedly duty-paid and had been verified by the Department as being in stock, and the plea based on the amended transitional rule had not been examined by the lower appellate authority. The matter was therefore remitted for fresh consideration of the availability of Modvat credit under the amended transitional conditions, rather than finally disallowing credit solely for timing non-compliance with the declaration requirement. en-us Fri, 10 Aug 1990 00:00:00 +0530 Wed, 22 Jun 2011 14:50:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81100 Credit of duty paid on inputs was said to be unavailable for want of prior declaration under the general Modvat declaration rule, but the dispute centred on whether the amended transitional provision could still protect inputs already lying in stock. The inputs were admittedly duty-paid and had been verified by the Department as being in stock, and the plea based on the amended transitional rule had not been examined by the lower appellate authority. The matter was therefore remitted for fresh consideration of the availability of Modvat credit under the amended transitional conditions, rather than finally disallowing credit solely for timing non-compliance with the declaration requirement. Case-Laws Central Excise Fri, 10 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81100