https://www.taxtmi.com/caselaws?id=88060 Modvat credit taken before filing the Rule 57G declaration could not be regularised under Rule 57G(5) where the credit had already been availed and utilised before the delayed declaration and the request for condonation was made much later. The rule permits belated declaration only when the manufacturer was unable to file in time and the proper officer is satisfied on the prescribed conditions; that safeguard did not assist a case where the declaration was filed after the credit was taken and used, and it did not even state that the inputs had already been received. Denial of the credit was therefore upheld. en-us Fri, 28 Nov 1997 00:00:00 +0530 Wed, 14 Sep 2011 17:25:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88060 Modvat credit taken before filing the Rule 57G declaration could not be regularised under Rule 57G(5) where the credit had already been availed and utilised before the delayed declaration and the request for condonation was made much later. The rule permits belated declaration only when the manufacturer was unable to file in time and the proper officer is satisfied on the prescribed conditions; that safeguard did not assist a case where the declaration was filed after the credit was taken and used, and it did not even state that the inputs had already been received. Denial of the credit was therefore upheld. Case-Laws Central Excise Fri, 28 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88060