https://www.taxtmi.com/caselaws?id=112875 Modvat credit under Rule 57G(5) of the Central Excise Rules, 1944 could not be taken beyond the prescribed six-month period from the invoice date. Where credit was availed on invoices dated 31-1-99 for a period ending 30-9-99, the delay fell outside the statutory limit and the credit was barred. Financial shortage was not a legal basis to disregard the mandatory time restriction. The credit was therefore correctly disallowed, and the appellate challenge failed. en-us Tue, 03 Feb 2004 00:00:00 +0530 Wed, 02 May 2012 13:07:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112875 Modvat credit under Rule 57G(5) of the Central Excise Rules, 1944 could not be taken beyond the prescribed six-month period from the invoice date. Where credit was availed on invoices dated 31-1-99 for a period ending 30-9-99, the delay fell outside the statutory limit and the credit was barred. Financial shortage was not a legal basis to disregard the mandatory time restriction. The credit was therefore correctly disallowed, and the appellate challenge failed. Case-Laws Central Excise Tue, 03 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112875