https://www.taxtmi.com/caselaws?id=108002 Delay in filing the declaration under Rule 57G(5) of the Central Excise Rules, 1944 was condoned in accordance with CBEC Circular No. 267/69/95-CX.8 dated 23-6-95, which dealt with delayed declarations. A delay of about 16 days was accepted because the authority followed the Board's instructions, and the proforma credit was permitted to be treated as Modvat credit. The operative effect was that the assessee obtained the benefit of Modvat credit despite the delayed declaration. en-us Tue, 23 Sep 2003 00:00:00 +0530 Wed, 28 Mar 2012 12:56:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108002 Delay in filing the declaration under Rule 57G(5) of the Central Excise Rules, 1944 was condoned in accordance with CBEC Circular No. 267/69/95-CX.8 dated 23-6-95, which dealt with delayed declarations. A delay of about 16 days was accepted because the authority followed the Board's instructions, and the proforma credit was permitted to be treated as Modvat credit. The operative effect was that the assessee obtained the benefit of Modvat credit despite the delayed declaration. Case-Laws Central Excise Tue, 23 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108002