https://www.taxtmi.com/caselaws?id=109057 Rule 57F(3)(a)(iii) was treated as an enabling provision that allowed credit to be taken when inputs returned from a job worker were received back, without confining adjustment to the Modvat account alone. Because Rule 173G contained no corresponding debit mechanism for inputs sent to the job worker, the supplement to the challan under Notification No. 28/96 supported adjustment either in the personal ledger account or in Modvat credit, depending on the original debit. The later requirement introduced from 1-9-97 by Notification No. 47/97 was not applied retrospectively. The assessee's personal ledger adjustment was therefore permissible and the departmental objection failed. en-us Tue, 29 Jul 2003 00:00:00 +0530 Thu, 05 Apr 2012 16:31:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109057 Rule 57F(3)(a)(iii) was treated as an enabling provision that allowed credit to be taken when inputs returned from a job worker were received back, without confining adjustment to the Modvat account alone. Because Rule 173G contained no corresponding debit mechanism for inputs sent to the job worker, the supplement to the challan under Notification No. 28/96 supported adjustment either in the personal ledger account or in Modvat credit, depending on the original debit. The later requirement introduced from 1-9-97 by Notification No. 47/97 was not applied retrospectively. The assessee's personal ledger adjustment was therefore permissible and the departmental objection failed. Case-Laws Central Excise Tue, 29 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109057