https://www.taxtmi.com/caselaws?id=91027 Modvat credit on inputs already lying in stock when credit became admissible required compliance with Rule 57H(1B). The mandatory declaration under that rule was treated as a separate notice requirement to enable departmental verification of stock and its use. Condonation of delay in filing the Rule 57G declaration did not automatically extend to the distinct Rule 57H(1B) requirement, because the earlier correspondence covered only the delayed Rule 57G filing and not the stock in balance. Credit was therefore denied for non-compliance with Rule 57H(1B). en-us Tue, 25 May 1999 00:00:00 +0530 Thu, 13 Oct 2011 12:59:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91027 Modvat credit on inputs already lying in stock when credit became admissible required compliance with Rule 57H(1B). The mandatory declaration under that rule was treated as a separate notice requirement to enable departmental verification of stock and its use. Condonation of delay in filing the Rule 57G declaration did not automatically extend to the distinct Rule 57H(1B) requirement, because the earlier correspondence covered only the delayed Rule 57G filing and not the stock in balance. Credit was therefore denied for non-compliance with Rule 57H(1B). Case-Laws Central Excise Tue, 25 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91027