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    <title>1997 (12) TMI 363 - CEGAT, MUMBAI</title>
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    <description>Transitional Modvat credit under Rule 57H could not be refused merely because it was taken before formal permission was granted, where the assessee had already filed the required application and declaration and the eligibility of the inputs in stock was not disputed. The Tribunal treated the delay in granting permission as immaterial on these facts and held that the credit could be retained.</description>
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      <title>1997 (12) TMI 363 - CEGAT, MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=88288</link>
      <description>Transitional Modvat credit under Rule 57H could not be refused merely because it was taken before formal permission was granted, where the assessee had already filed the required application and declaration and the eligibility of the inputs in stock was not disputed. The Tribunal treated the delay in granting permission as immaterial on these facts and held that the credit could be retained.</description>
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