https://www.taxtmi.com/caselaws?id=105703 Modvat credit on capital goods received before registration of a newly established factory could not be denied merely because the declaration was filed after receipt of the goods. The Tribunal treated the relevant period under Rule 57T as running from the date of factory registration in the case of a new unit, and not from the earlier date of receipt of the capital goods. It also accepted that uncertainty about filing requirements during the construction stage justified a liberal approach. Credit was therefore held admissible and the order disallowing it was set aside. en-us Fri, 23 Aug 2002 00:00:00 +0530 Wed, 07 Mar 2012 12:14:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105703 Modvat credit on capital goods received before registration of a newly established factory could not be denied merely because the declaration was filed after receipt of the goods. The Tribunal treated the relevant period under Rule 57T as running from the date of factory registration in the case of a new unit, and not from the earlier date of receipt of the capital goods. It also accepted that uncertainty about filing requirements during the construction stage justified a liberal approach. Credit was therefore held admissible and the order disallowing it was set aside. Case-Laws Central Excise Fri, 23 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105703