https://www.taxtmi.com/caselaws?id=93138 Modvat credit on ship-breaking scrap could not be denied where a prior declaration for M.S. scrap had already been filed and the scrap fell within that broad description under Chapter 72. The declaration requirement under Rule 57G was treated as substantive, but it was not rejected as insufficiently specific when the department had not earlier sought further particulars. A Superintendent's letter was treated only as a request for voluntary reversal, not as a valid show cause notice under Rule 57-I, so the later denial of credit on that basis was unsustainable. The assessee was therefore entitled to retain the credit. en-us Fri, 12 Mar 1999 00:00:00 +0530 Tue, 08 Nov 2011 15:45:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93138 Modvat credit on ship-breaking scrap could not be denied where a prior declaration for M.S. scrap had already been filed and the scrap fell within that broad description under Chapter 72. The declaration requirement under Rule 57G was treated as substantive, but it was not rejected as insufficiently specific when the department had not earlier sought further particulars. A Superintendent's letter was treated only as a request for voluntary reversal, not as a valid show cause notice under Rule 57-I, so the later denial of credit on that basis was unsustainable. The assessee was therefore entitled to retain the credit. Case-Laws Central Excise Fri, 12 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93138