https://www.taxtmi.com/caselaws?id=104839 Modvat credit validly availed within the prescribed period and later reversed on exports could be re-credited after cancellation of advance licences without breaching Rule 57G(2). The later book entry was only a restoration of credit earlier debited when goods were exported under the DEEC scheme, not a fresh taking of credit on old invoices. Once the licences were cancelled, entitlement to the earlier reversed credit revived, so the six-month limitation did not apply to the re-crediting of credit already earned. en-us Wed, 24 Apr 2002 00:00:00 +0530 Thu, 01 Mar 2012 15:16:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104839 Modvat credit validly availed within the prescribed period and later reversed on exports could be re-credited after cancellation of advance licences without breaching Rule 57G(2). The later book entry was only a restoration of credit earlier debited when goods were exported under the DEEC scheme, not a fresh taking of credit on old invoices. Once the licences were cancelled, entitlement to the earlier reversed credit revived, so the six-month limitation did not apply to the re-crediting of credit already earned. Case-Laws Central Excise Wed, 24 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104839