https://www.taxtmi.com/caselaws?id=89219 Modvat credit on Oleum was held allowable where Sulphuric Acid had been declared as the input, because Oleum and Sulphuric Acid fell under the same tariff heading and the declared description was sufficient to cover the goods. The Tribunal also found that disclosure of credit in RT-12 returns and RG 23A accounts negatived suppression, so the extended limitation period was unavailable and recovery was time-barred. The stated principle is that a correct heading description supported by statutory disclosure preserves credit entitlement and defeats limitation-based recovery absent concealment. en-us Thu, 24 Jul 1997 00:00:00 +0530 Sat, 24 Sep 2011 11:42:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89219 Modvat credit on Oleum was held allowable where Sulphuric Acid had been declared as the input, because Oleum and Sulphuric Acid fell under the same tariff heading and the declared description was sufficient to cover the goods. The Tribunal also found that disclosure of credit in RT-12 returns and RG 23A accounts negatived suppression, so the extended limitation period was unavailable and recovery was time-barred. The stated principle is that a correct heading description supported by statutory disclosure preserves credit entitlement and defeats limitation-based recovery absent concealment. Case-Laws Central Excise Thu, 24 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89219