https://www.taxtmi.com/caselaws?id=99743 A newly introduced six-month limitation for availing Modvat credit under Rule 57G(2) was held to apply prospectively only, so credit taken before the amendment could not be denied on that basis. Rule 57-I was also found inapplicable because it governs recovery where duty has been short-levied or credit has been wrongly taken, whereas the dispute concerned denial of credit under Rule 57G. The precedent relied on for limitation in duty-demand cases was treated as distinguishable. The Revenue's challenge to the Modvat credit therefore failed. en-us Fri, 12 May 2000 00:00:00 +0530 Mon, 30 Jan 2012 10:25:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99743 A newly introduced six-month limitation for availing Modvat credit under Rule 57G(2) was held to apply prospectively only, so credit taken before the amendment could not be denied on that basis. Rule 57-I was also found inapplicable because it governs recovery where duty has been short-levied or credit has been wrongly taken, whereas the dispute concerned denial of credit under Rule 57G. The precedent relied on for limitation in duty-demand cases was treated as distinguishable. The Revenue's challenge to the Modvat credit therefore failed. Case-Laws Central Excise Fri, 12 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99743