https://www.taxtmi.com/caselaws?id=81181 MODVAT credit on scrap arising from ship-breaking was allowed under the transitional scheme in Rule 57H(1)(ii), even though the Rule 57G declaration was filed later. The Tribunal treated the ship brought for breaking as the input and construed the phrase "immediately before" to mean "preceding the date" of the dated acknowledgement of the declaration. On that reading, the inputs were regarded as received before the relevant date and used in producing the final product cleared thereafter. The earlier decision on the same issue was followed, and the appellants were held entitled to the claimed credit. en-us Mon, 03 Dec 1990 00:00:00 +0530 Wed, 22 Jun 2011 18:44:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81181 MODVAT credit on scrap arising from ship-breaking was allowed under the transitional scheme in Rule 57H(1)(ii), even though the Rule 57G declaration was filed later. The Tribunal treated the ship brought for breaking as the input and construed the phrase "immediately before" to mean "preceding the date" of the dated acknowledgement of the declaration. On that reading, the inputs were regarded as received before the relevant date and used in producing the final product cleared thereafter. The earlier decision on the same issue was followed, and the appellants were held entitled to the claimed credit. Case-Laws Central Excise Mon, 03 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81181