https://www.taxtmi.com/caselaws?id=86574 Modvat credit was properly refused where the Rule 57G declaration identified the inputs only broadly as "iron and steel" and linked them to headings for flat rolled products of iron or non-alloy steel, while credit was claimed on alloy steel rounds. The declaration did not sufficiently identify the actual inputs used, and the mismatch between the declared description and the goods on which credit was taken justified denial of credit. A broad approach to declarations could not cure a description that failed to cover the relevant inputs. The appeal therefore failed. en-us Tue, 04 Feb 1997 00:00:00 +0530 Thu, 25 Aug 2011 16:39:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86574 Modvat credit was properly refused where the Rule 57G declaration identified the inputs only broadly as "iron and steel" and linked them to headings for flat rolled products of iron or non-alloy steel, while credit was claimed on alloy steel rounds. The declaration did not sufficiently identify the actual inputs used, and the mismatch between the declared description and the goods on which credit was taken justified denial of credit. A broad approach to declarations could not cure a description that failed to cover the relevant inputs. The appeal therefore failed. Case-Laws Central Excise Tue, 04 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86574