https://www.taxtmi.com/caselaws?id=107128 After the amendment to the declaration rules, Modvat credit on capital goods could not be denied merely because the declaration omitted some particulars, including separate listing of machine parts, where receipt, installation, and substantive eligibility of the capital goods were undisputed. The amended rule and Board circulars recognised that minor defects or incomplete details in the declaration did not by themselves defeat entitlement to credit. On that basis, a declaration describing the machines together with their parts was treated as sufficient, and the disallowance of credit was held unjustified. en-us Mon, 16 Dec 2002 00:00:00 +0530 Sat, 17 Mar 2012 18:06:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107128 After the amendment to the declaration rules, Modvat credit on capital goods could not be denied merely because the declaration omitted some particulars, including separate listing of machine parts, where receipt, installation, and substantive eligibility of the capital goods were undisputed. The amended rule and Board circulars recognised that minor defects or incomplete details in the declaration did not by themselves defeat entitlement to credit. On that basis, a declaration describing the machines together with their parts was treated as sufficient, and the disallowance of credit was held unjustified. Case-Laws Central Excise Mon, 16 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107128