https://www.taxtmi.com/caselaws?id=83824 Higher notional MODVAT credit on inputs received from a small scale unit was admissible where the assessee initially took only the lower gate-pass credit by mistake and later claimed the differential amount within four days, before RT-12 assessment, with the error reflected in the records. In the absence of any specific bar in Rule 57B against rectifying such a short credit, the later availing of the additional admissible credit was permitted. The denial of the differential MODVAT credit was therefore unsustainable, and the assessee was entitled to the higher notional credit. en-us Wed, 16 Oct 1991 00:00:00 +0530 Mon, 18 Jul 2011 11:49:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83824 Higher notional MODVAT credit on inputs received from a small scale unit was admissible where the assessee initially took only the lower gate-pass credit by mistake and later claimed the differential amount within four days, before RT-12 assessment, with the error reflected in the records. In the absence of any specific bar in Rule 57B against rectifying such a short credit, the later availing of the additional admissible credit was permitted. The denial of the differential MODVAT credit was therefore unsustainable, and the assessee was entitled to the higher notional credit. Case-Laws Central Excise Wed, 16 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83824