https://www.taxtmi.com/caselaws?id=86422 For a demand under Rule 57U(1) of the Central Excise Rules, 1944, limitation runs from the date credit is taken, not from the filing of RT-12 returns. On that basis, the notice was held to be issued beyond the six-month period and the demand for reversal of Modvat credit was time-barred. The merits of whether the testing equipment qualified as capital goods were not examined because the matter was disposed of on limitation, and the disallowance of credit did not survive. en-us Tue, 25 Feb 1997 00:00:00 +0530 Wed, 24 Aug 2011 17:13:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86422 For a demand under Rule 57U(1) of the Central Excise Rules, 1944, limitation runs from the date credit is taken, not from the filing of RT-12 returns. On that basis, the notice was held to be issued beyond the six-month period and the demand for reversal of Modvat credit was time-barred. The merits of whether the testing equipment qualified as capital goods were not examined because the matter was disposed of on limitation, and the disallowance of credit did not survive. Case-Laws Central Excise Tue, 25 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86422