https://www.taxtmi.com/caselaws?id=86600 For Modvat credit taken between 6 July 1992 and 20 July 1992, the limitation period under Rule 57-I ran from the date the credit was taken, not from the date of filing the RT 12 return. The amended rule then in force was clear and unambiguous on the starting point for notice, and the later amendment of 16 March 1995 shifting the trigger to the RT 12 return was treated as a deliberate change, not a retrospective or clarificatory one. A notice issued beyond the prescribed period from the date of credit was therefore time-barred, and the assessee's limitation objection succeeded. en-us Tue, 25 Feb 1997 00:00:00 +0530 Thu, 25 Aug 2011 18:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86600 For Modvat credit taken between 6 July 1992 and 20 July 1992, the limitation period under Rule 57-I ran from the date the credit was taken, not from the date of filing the RT 12 return. The amended rule then in force was clear and unambiguous on the starting point for notice, and the later amendment of 16 March 1995 shifting the trigger to the RT 12 return was treated as a deliberate change, not a retrospective or clarificatory one. A notice issued beyond the prescribed period from the date of credit was therefore time-barred, and the assessee's limitation objection succeeded. Case-Laws Central Excise Tue, 25 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86600