https://www.taxtmi.com/caselaws?id=90432 Notification No. 16/94 treated the date of issue of the gate pass as the relevant cut-off for transitional Modvat eligibility, not the later date of endorsement. Because gate passes and endorsed gate passes were recognised documents before 1-4-1994, credit could remain admissible where the document was issued before that date and the credit was taken within the prescribed period. A contrary reading would frustrate the transition from the gate pass system to the invoice system, so credit on endorsed gate passes was held admissible and denial of credit was unsustainable. en-us Mon, 10 Nov 1997 00:00:00 +0530 Fri, 07 Oct 2011 13:09:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90432 Notification No. 16/94 treated the date of issue of the gate pass as the relevant cut-off for transitional Modvat eligibility, not the later date of endorsement. Because gate passes and endorsed gate passes were recognised documents before 1-4-1994, credit could remain admissible where the document was issued before that date and the credit was taken within the prescribed period. A contrary reading would frustrate the transition from the gate pass system to the invoice system, so credit on endorsed gate passes was held admissible and denial of credit was unsustainable. Case-Laws Central Excise Mon, 10 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90432