https://www.taxtmi.com/caselaws?id=99367 Modvat credit under Rule 57G could not be denied merely because inputs were received in the factory before the declaration was filed, where the declaration was filed before credit was actually taken. Filing the declaration before availing the benefit satisfied the relevant compliance requirement, and the prior receipt of goods was not a sufficient ground to reject credit. The denial of Modvat credit was therefore unsustainable and the claim was allowed in favour of the assessee. en-us Fri, 08 Dec 2000 00:00:00 +0530 Fri, 27 Jan 2012 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99367 Modvat credit under Rule 57G could not be denied merely because inputs were received in the factory before the declaration was filed, where the declaration was filed before credit was actually taken. Filing the declaration before availing the benefit satisfied the relevant compliance requirement, and the prior receipt of goods was not a sufficient ground to reject credit. The denial of Modvat credit was therefore unsustainable and the claim was allowed in favour of the assessee. Case-Laws Central Excise Fri, 08 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99367