https://www.taxtmi.com/caselaws?id=95914 Amended Modvat rules and the applicable Board circular provided that credit should not be denied merely because a declaration omitted some particulars or was filed beyond the earlier three-month period. The assessee's declaration for parts of a gangsaw machine was undisputed, and the only objections were the absence of a specific machine reference and delay in filing. In light of Notification No. 7/99-C.E. (N.T.), Circular No. 441/7/99-CX., and the Larger Bench direction for re-examination under the amended rule, the matter required fresh consideration by the adjudicating authority. Denial of Modvat credit was therefore not sustained on the existing record. en-us Thu, 01 Feb 2001 00:00:00 +0530 Thu, 15 Dec 2011 18:04:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95914 Amended Modvat rules and the applicable Board circular provided that credit should not be denied merely because a declaration omitted some particulars or was filed beyond the earlier three-month period. The assessee's declaration for parts of a gangsaw machine was undisputed, and the only objections were the absence of a specific machine reference and delay in filing. In light of Notification No. 7/99-C.E. (N.T.), Circular No. 441/7/99-CX., and the Larger Bench direction for re-examination under the amended rule, the matter required fresh consideration by the adjudicating authority. Denial of Modvat credit was therefore not sustained on the existing record. Case-Laws Central Excise Thu, 01 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95914