https://www.taxtmi.com/caselaws?id=90397 Rule 57B of the Central Excise Rules, 1944 did not prescribe a specific limitation for availing notional higher Modvat credit after original credit had already been taken. The Tribunal followed its earlier view that such credit could be taken within a reasonable period and accepted the explanation for the delay. On that basis, the demand for reversal of the notional higher credit was held unsustainable and the lower appellate authority's order was upheld. en-us Fri, 09 May 1997 00:00:00 +0530 Fri, 07 Oct 2011 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90397 Rule 57B of the Central Excise Rules, 1944 did not prescribe a specific limitation for availing notional higher Modvat credit after original credit had already been taken. The Tribunal followed its earlier view that such credit could be taken within a reasonable period and accepted the explanation for the delay. On that basis, the demand for reversal of the notional higher credit was held unsustainable and the lower appellate authority's order was upheld. Case-Laws Central Excise Fri, 09 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90397