https://www.taxtmi.com/caselaws?id=83528 MODVAT credit was treated as allowable for Printed Circuit Boards declared as intermediate products under Rule 57G, because the declaration, classification list and assessment records showed departmental knowledge and the omission to list them under the final products column was only a procedural defect; substantial compliance and absence of revenue prejudice prevented denial of credit. By contrast, credit was denied for other spares and parts falling under Chapter 90 because no Rule 57G declaration had been filed at all, and a classification list could not replace the mandatory declaration requirement. The stated principle is that procedural lapses do not defeat MODVAT credit where compliance is substantial, but complete non-filing of the declaration does. en-us Tue, 19 Jul 1994 00:00:00 +0530 Thu, 14 Jul 2011 10:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83528 MODVAT credit was treated as allowable for Printed Circuit Boards declared as intermediate products under Rule 57G, because the declaration, classification list and assessment records showed departmental knowledge and the omission to list them under the final products column was only a procedural defect; substantial compliance and absence of revenue prejudice prevented denial of credit. By contrast, credit was denied for other spares and parts falling under Chapter 90 because no Rule 57G declaration had been filed at all, and a classification list could not replace the mandatory declaration requirement. The stated principle is that procedural lapses do not defeat MODVAT credit where compliance is substantial, but complete non-filing of the declaration does. Case-Laws Central Excise Tue, 19 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83528