https://www.taxtmi.com/caselaws?id=100135 Rule 57T allowed Modvat credit on capital goods only if the declaration was filed before receipt of the goods, with delayed filing condonable in ordinary cases up to one month and, in exceptional cases, by a further two months. The provision created a strict outer limit of three months, after which the Assistant Commissioner had no jurisdiction to condone delay, even if the delay was inadvertent or bona fide. A declaration filed beyond that period could not be validly condoned, and Modvat credit was not admissible. en-us Thu, 31 May 2001 00:00:00 +0530 Tue, 31 Jan 2012 13:02:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100135 Rule 57T allowed Modvat credit on capital goods only if the declaration was filed before receipt of the goods, with delayed filing condonable in ordinary cases up to one month and, in exceptional cases, by a further two months. The provision created a strict outer limit of three months, after which the Assistant Commissioner had no jurisdiction to condone delay, even if the delay was inadvertent or bona fide. A declaration filed beyond that period could not be validly condoned, and Modvat credit was not admissible. Case-Laws Central Excise Thu, 31 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100135