https://www.taxtmi.com/caselaws?id=82766 Pre-deposit of disputed Modvat credit was waived because the inputs were duty paid, eligible for Modvat credit, and had been received and used in manufacture. The Tribunal treated Rule 57G of the Central Excise Rules, 1944 as requiring receipt of inputs and monthly filing, but not prescribing any outer time limit for taking credit after receipt. It further held that Rule 57I is a recovery provision for wrongly availed or irregular credit, not a time-limit rule. On these facts, insisting on pre-deposit would cause undue hardship, and recovery of the disputed credit was stayed pending disposal of the appeal. en-us Fri, 07 May 1993 00:00:00 +0530 Thu, 07 Jul 2011 12:03:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82766 Pre-deposit of disputed Modvat credit was waived because the inputs were duty paid, eligible for Modvat credit, and had been received and used in manufacture. The Tribunal treated Rule 57G of the Central Excise Rules, 1944 as requiring receipt of inputs and monthly filing, but not prescribing any outer time limit for taking credit after receipt. It further held that Rule 57I is a recovery provision for wrongly availed or irregular credit, not a time-limit rule. On these facts, insisting on pre-deposit would cause undue hardship, and recovery of the disputed credit was stayed pending disposal of the appeal. Case-Laws Central Excise Fri, 07 May 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82766