https://www.taxtmi.com/caselaws?id=100917 Transitional Modvat credit under Rule 57H depends on establishing the inputs lying in stock and inputs contained in finished goods on the relevant date. Where statutory records were incomplete and the departmental verification did not conclusively establish the physical stock position, the available material was treated as insufficient for final determination. A reconciliation of the records and an opportunity to substantiate the stock position before the jurisdictional authority was therefore considered appropriate, and the matter was remanded to the Deputy Commissioner for fresh verification and determination of the inputs available on the material date. en-us Tue, 13 Nov 2001 00:00:00 +0530 Tue, 07 Feb 2012 17:49:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100917 Transitional Modvat credit under Rule 57H depends on establishing the inputs lying in stock and inputs contained in finished goods on the relevant date. Where statutory records were incomplete and the departmental verification did not conclusively establish the physical stock position, the available material was treated as insufficient for final determination. A reconciliation of the records and an opportunity to substantiate the stock position before the jurisdictional authority was therefore considered appropriate, and the matter was remanded to the Deputy Commissioner for fresh verification and determination of the inputs available on the material date. Case-Laws Central Excise Tue, 13 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100917