https://www.taxtmi.com/caselaws?id=105654 Modvat credit on capital goods could not be denied merely because the declaration was filed after the period relied on by Revenue, where the governing provision did not prescribe a restrictive time-limit and the Board's clarificatory circular indicated that the amendment concerned duty-paid documents rather than capital goods credit. The assessee's claim was therefore accepted for reconsideration, and the matter was remitted for fresh examination and grant of Modvat benefit in line with the circular. en-us Fri, 19 Apr 2002 00:00:00 +0530 Sun, 22 Jun 2025 07:43:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105654 Modvat credit on capital goods could not be denied merely because the declaration was filed after the period relied on by Revenue, where the governing provision did not prescribe a restrictive time-limit and the Board's clarificatory circular indicated that the amendment concerned duty-paid documents rather than capital goods credit. The assessee's claim was therefore accepted for reconsideration, and the matter was remitted for fresh examination and grant of Modvat benefit in line with the circular. Case-Laws Central Excise Fri, 19 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105654