https://www.taxtmi.com/caselaws?id=83873 A Rule 57G declaration that lists final products and inputs in separate columns does not, by itself, establish a one-to-one correlation unless the declaration clearly ties each input to a specific final product. Where the inputs are grouped broadly and no exclusive linkage is shown, denial of Modvat credit on that assumption is unsustainable. On that footing, the declaration is treated as appropriate for Modvat purposes, the earlier view based on mistaken appreciation is recalled, and credit is admissible. en-us Tue, 20 Dec 1994 00:00:00 +0530 Mon, 18 Jul 2011 14:32:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83873 A Rule 57G declaration that lists final products and inputs in separate columns does not, by itself, establish a one-to-one correlation unless the declaration clearly ties each input to a specific final product. Where the inputs are grouped broadly and no exclusive linkage is shown, denial of Modvat credit on that assumption is unsustainable. On that footing, the declaration is treated as appropriate for Modvat purposes, the earlier view based on mistaken appreciation is recalled, and credit is admissible. Case-Laws Central Excise Tue, 20 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83873