https://www.taxtmi.com/caselaws?id=92266 The phrase "immediately before" in Rule 57H(3) of the Central Excise Rules, 1944 was construed harmoniously with the credit-transfer scheme under Rule 56A. Unutilised proforma credit could not be denied transfer to the Modvat account merely because it had remained unused for a long period, as no prohibition existed in the rules on that basis. The assessee was therefore entitled to transfer the credit, and the denial of the benefit was incorrect. en-us Mon, 27 Sep 1999 00:00:00 +0530 Mon, 31 Oct 2011 14:03:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92266 The phrase "immediately before" in Rule 57H(3) of the Central Excise Rules, 1944 was construed harmoniously with the credit-transfer scheme under Rule 56A. Unutilised proforma credit could not be denied transfer to the Modvat account merely because it had remained unused for a long period, as no prohibition existed in the rules on that basis. The assessee was therefore entitled to transfer the credit, and the denial of the benefit was incorrect. Case-Laws Central Excise Mon, 27 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92266