https://www.taxtmi.com/caselaws?id=90580 At the stay stage, Modvat credit depended on prima facie compliance with the receipt and documentation requirements under Rule 57G; where inputs were not physically received in the factory and the job-work procedure was not formally followed or intimated, a substantial pre-deposit was justified. On the exemption issue, the Tribunal noted that a manufacturer may opt to pay duty and avail credit, and that Rule 57C should not be applied so rigidly as to defeat the Modvat scheme; however, irregular gate passes and disputed clearance particulars still warranted a reduced but continuing pre-deposit under Section 35F. Conditional stay was therefore granted on deposit of the amounts ordered. en-us Wed, 11 Sep 1996 00:00:00 +0530 Mon, 10 Oct 2011 11:40:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90580 At the stay stage, Modvat credit depended on prima facie compliance with the receipt and documentation requirements under Rule 57G; where inputs were not physically received in the factory and the job-work procedure was not formally followed or intimated, a substantial pre-deposit was justified. On the exemption issue, the Tribunal noted that a manufacturer may opt to pay duty and avail credit, and that Rule 57C should not be applied so rigidly as to defeat the Modvat scheme; however, irregular gate passes and disputed clearance particulars still warranted a reduced but continuing pre-deposit under Section 35F. Conditional stay was therefore granted on deposit of the amounts ordered. Case-Laws Central Excise Wed, 11 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90580