https://www.taxtmi.com/caselaws?id=99967 Modvat credit on original invoices was not admissible where the prescribed transporter's or duplicate copy was lost but the loss was not promptly intimated, not satisfactorily proved, and permission under Rule 57G(2A) was not obtained. The later insertion of Rule 57G(2A) by Notification No. 23/94-C.E. (N.T.) created a new discretionary power for the Assistant Commissioner to allow credit on original invoices upon proof of loss, so it was prospective and could not validate credit already taken for an earlier period. The disallowance of credit was therefore justified. en-us Mon, 22 Jan 2001 00:00:00 +0530 Mon, 30 Jan 2012 17:43:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99967 Modvat credit on original invoices was not admissible where the prescribed transporter's or duplicate copy was lost but the loss was not promptly intimated, not satisfactorily proved, and permission under Rule 57G(2A) was not obtained. The later insertion of Rule 57G(2A) by Notification No. 23/94-C.E. (N.T.) created a new discretionary power for the Assistant Commissioner to allow credit on original invoices upon proof of loss, so it was prospective and could not validate credit already taken for an earlier period. The disallowance of credit was therefore justified. Case-Laws Central Excise Mon, 22 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99967