https://www.taxtmi.com/caselaws?id=81333 Where the Central Excise Rules, 1944 prescribed no specific time limit for availing MODVAT credit, delayed taking of credit after receipt of inputs was legally permissible. The objection that such delay would hinder verification was rejected because the inputs remained traceable through gate passes and prescribed records. If the credit could not be correlated with the relevant documents, recovery could still be made under Rule 57-I for wrongly taken credit. en-us Fri, 10 May 1991 00:00:00 +0530 Thu, 23 Jun 2011 18:24:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81333 Where the Central Excise Rules, 1944 prescribed no specific time limit for availing MODVAT credit, delayed taking of credit after receipt of inputs was legally permissible. The objection that such delay would hinder verification was rejected because the inputs remained traceable through gate passes and prescribed records. If the credit could not be correlated with the relevant documents, recovery could still be made under Rule 57-I for wrongly taken credit. Case-Laws Central Excise Fri, 10 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81333