https://www.taxtmi.com/caselaws?id=90348 Under the Modvat scheme, credit on inputs received after filing the declaration but before receipt of the departmental acknowledgement should not be denied where the assessee had already complied with the filing requirement and the delay in acknowledgement was attributable to the department. The analysis states that a harmonious construction of Rule 57G requires the acknowledgement to relate back to the date of filing of the declaration, so procedural delay by the authorities does not prejudice entitlement to credit. It also notes that Rule 57H supports this alternative basis for entitlement. The stated conclusion is that denial of Modvat credit was unjustified and the assessee succeeded. en-us Mon, 20 Jan 1997 00:00:00 +0530 Wed, 05 Oct 2011 17:50:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90348 Under the Modvat scheme, credit on inputs received after filing the declaration but before receipt of the departmental acknowledgement should not be denied where the assessee had already complied with the filing requirement and the delay in acknowledgement was attributable to the department. The analysis states that a harmonious construction of Rule 57G requires the acknowledgement to relate back to the date of filing of the declaration, so procedural delay by the authorities does not prejudice entitlement to credit. It also notes that Rule 57H supports this alternative basis for entitlement. The stated conclusion is that denial of Modvat credit was unjustified and the assessee succeeded. Case-Laws Central Excise Mon, 20 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90348