https://www.taxtmi.com/caselaws?id=106053 Transitional Modvat credit under Rule 57H was held admissible where the final product had been declared under Rule 57G and its correct classification under Chapter 48 was determined only later. Because the product was treated under Chapter 39 at the relevant time, the assessee could not be faulted for not filing a declaration in 1987 on the basis of a classification settled only in 1989. On that footing, credit on inputs in stock and used in manufacture could not be denied merely due to the earlier declaration, and the denial of credit was unjustified. en-us Fri, 21 Sep 2001 00:00:00 +0530 Mon, 12 Mar 2012 14:55:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106053 Transitional Modvat credit under Rule 57H was held admissible where the final product had been declared under Rule 57G and its correct classification under Chapter 48 was determined only later. Because the product was treated under Chapter 39 at the relevant time, the assessee could not be faulted for not filing a declaration in 1987 on the basis of a classification settled only in 1989. On that footing, credit on inputs in stock and used in manufacture could not be denied merely due to the earlier declaration, and the denial of credit was unjustified. Case-Laws Central Excise Fri, 21 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106053