https://www.taxtmi.com/caselaws?id=92654 Rule 57T required disclosure of the capital goods, the final product, their specific use, and an undertaking against exclusive use in exempted manufacture. The assessee filed an initial declaration and later supplied further particulars by correspondence, which was treated as a modification and extension of the original filing. The Tribunal held this amounted to substantial compliance, and that insisting on only the later declaration would be hyper-technical. It also noted the rule permitted filing within one month late, supporting the view that the declaration was filed in time for practical purposes. Modvat credit on the capital goods was therefore admissible for the disputed period. en-us Thu, 06 Aug 1998 00:00:00 +0530 Fri, 04 Nov 2011 11:59:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92654 Rule 57T required disclosure of the capital goods, the final product, their specific use, and an undertaking against exclusive use in exempted manufacture. The assessee filed an initial declaration and later supplied further particulars by correspondence, which was treated as a modification and extension of the original filing. The Tribunal held this amounted to substantial compliance, and that insisting on only the later declaration would be hyper-technical. It also noted the rule permitted filing within one month late, supporting the view that the declaration was filed in time for practical purposes. Modvat credit on the capital goods was therefore admissible for the disputed period. Case-Laws Central Excise Thu, 06 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92654