https://www.taxtmi.com/caselaws?id=82033 Modvat credit could not be denied for failure to file a separate declaration under Rule 57G where the assessee had filed classification lists referring to the Modvat scheme and supplied material showing the inputs and finished products. The record showed substantial compliance: the scheme had recently been introduced, the department was aware of the inputs and end-product through correspondence, RT 12 returns had been assessed, and no separate declaration requirement had been specifically pointed out. On those facts, the procedural lapse did not justify denial of credit. en-us Wed, 05 Aug 1992 00:00:00 +0530 Fri, 01 Jul 2011 14:56:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82033 Modvat credit could not be denied for failure to file a separate declaration under Rule 57G where the assessee had filed classification lists referring to the Modvat scheme and supplied material showing the inputs and finished products. The record showed substantial compliance: the scheme had recently been introduced, the department was aware of the inputs and end-product through correspondence, RT 12 returns had been assessed, and no separate declaration requirement had been specifically pointed out. On those facts, the procedural lapse did not justify denial of credit. Case-Laws Income Tax Wed, 05 Aug 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82033