https://www.taxtmi.com/caselaws?id=109814 Credit on capital goods under Rule 57Q could not be denied merely because the declaration was verified after the prescribed time, where the assessee had filed the declaration, sought departmental verification within time, and repeatedly followed up while the delay arose from the department's inaction. The operative principle was that a taxpayer who has complied with the required intimation and facilitated verification should not lose substantive credit because the remaining step depended on official action. On that basis, delayed verification was treated as insufficient ground to refuse the credit, and the appeal was allowed. en-us Tue, 11 Mar 2003 00:00:00 +0530 Thu, 12 Apr 2012 11:11:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109814 Credit on capital goods under Rule 57Q could not be denied merely because the declaration was verified after the prescribed time, where the assessee had filed the declaration, sought departmental verification within time, and repeatedly followed up while the delay arose from the department's inaction. The operative principle was that a taxpayer who has complied with the required intimation and facilitated verification should not lose substantive credit because the remaining step depended on official action. On that basis, delayed verification was treated as insufficient ground to refuse the credit, and the appeal was allowed. Case-Laws Central Excise Tue, 11 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109814