https://www.taxtmi.com/caselaws?id=83089 The notification covering exempt inputs was construed narrowly for the period 1-3-1992 to 9-3-1992, and bars and rods made from duty-paid ingots were not treated as covered by implication before the amendment; the duty demand for that intervening period was therefore upheld. Separate MODVAT credit on duty-paid ingots used in making bars and rods was recognised as substantively available under the relevant exemption scheme, and the absence of a Rule 57G declaration was treated as a procedural lapse that did not defeat credit where duty-paid character could be verified. The matter was remanded for verification and consequential adjustment of duty against admissible credit. en-us Thu, 03 Mar 1994 00:00:00 +0530 Sat, 09 Jul 2011 14:33:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83089 The notification covering exempt inputs was construed narrowly for the period 1-3-1992 to 9-3-1992, and bars and rods made from duty-paid ingots were not treated as covered by implication before the amendment; the duty demand for that intervening period was therefore upheld. Separate MODVAT credit on duty-paid ingots used in making bars and rods was recognised as substantively available under the relevant exemption scheme, and the absence of a Rule 57G declaration was treated as a procedural lapse that did not defeat credit where duty-paid character could be verified. The matter was remanded for verification and consequential adjustment of duty against admissible credit. Case-Laws Central Excise Thu, 03 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83089