https://www.taxtmi.com/caselaws?id=85552 Modvat credit under Rule 57H was treated as admissible for inputs received before filing the declaration where the relevant stock position and use in dutiable final products were established. The Tribunal noted that formal permission had in fact been granted, making the assessee's case stronger than situations where credit is claimed without prior approval. It also held that bottles could not be excluded merely because they were part of packing material, since they had already been covered in the assessee's declarations and the Modvat scheme does not require a one-to-one input-output correlation. On that basis, denial of credit was held unsustainable and the credit was restored. en-us Tue, 30 Jul 1996 00:00:00 +0530 Fri, 05 Aug 2011 17:24:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85552 Modvat credit under Rule 57H was treated as admissible for inputs received before filing the declaration where the relevant stock position and use in dutiable final products were established. The Tribunal noted that formal permission had in fact been granted, making the assessee's case stronger than situations where credit is claimed without prior approval. It also held that bottles could not be excluded merely because they were part of packing material, since they had already been covered in the assessee's declarations and the Modvat scheme does not require a one-to-one input-output correlation. On that basis, denial of credit was held unsustainable and the credit was restored. Case-Laws Central Excise Tue, 30 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85552