https://www.taxtmi.com/caselaws?id=85622 Modvat credit on inputs used in manufacturing goods cleared at nil rate of duty had to be reversed where the records and returns did not clearly establish that no credit was taken for exempt clearances. Rule 57C of the Central Excise Rules, 1944 barred such credit, and the Tribunal relied on the principle that credit attributable to exempt goods is recoverable. In addition, incomplete disclosure in registers and RT-12 returns supported invocation of the extended period under Section 11A of the Central Excise Act, 1944 because suppression was not negated. The order therefore sustained recovery and the limitation finding. en-us Fri, 19 Apr 1996 00:00:00 +0530 Sat, 06 Aug 2011 12:22:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85622 Modvat credit on inputs used in manufacturing goods cleared at nil rate of duty had to be reversed where the records and returns did not clearly establish that no credit was taken for exempt clearances. Rule 57C of the Central Excise Rules, 1944 barred such credit, and the Tribunal relied on the principle that credit attributable to exempt goods is recoverable. In addition, incomplete disclosure in registers and RT-12 returns supported invocation of the extended period under Section 11A of the Central Excise Act, 1944 because suppression was not negated. The order therefore sustained recovery and the limitation finding. Case-Laws Central Excise Fri, 19 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85622