https://www.taxtmi.com/caselaws?id=97980 Delay in filing a Modvat declaration under Rule 57G(5) may be condoned where the manufacturer could not file earlier and the prescribed conditions are met; the assessee was therefore entitled to Modvat credit because there was no adverse finding that the inputs were outside the relevant period, duty remained unpaid, or the inputs were not used in manufacture. The six-month restriction could not defeat the credit claim once condonation was sought within time. However, taking credit before formal condonation justified penalty, so the penalty was sustained but reduced. en-us Fri, 27 Jul 2001 00:00:00 +0530 Wed, 18 Jan 2012 17:09:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97980 Delay in filing a Modvat declaration under Rule 57G(5) may be condoned where the manufacturer could not file earlier and the prescribed conditions are met; the assessee was therefore entitled to Modvat credit because there was no adverse finding that the inputs were outside the relevant period, duty remained unpaid, or the inputs were not used in manufacture. The six-month restriction could not defeat the credit claim once condonation was sought within time. However, taking credit before formal condonation justified penalty, so the penalty was sustained but reduced. Case-Laws Central Excise Fri, 27 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97980