https://www.taxtmi.com/caselaws?id=114195 Modvat credit could not be denied merely because gate passes were endorsed after 1-4-1994, where the passes had originally been issued before that date and the governing circular continued to recognise such documents. The circular, read in light of the Gujarat High Court ruling, treated pre-1-4-1994 gate passes as valid for credit if the prescribed conditions were met, including that credit was taken on or before 30-6-1994. As those conditions were satisfied on the facts, the earlier disallowance could not stand and the assessee was entitled to credit. en-us Tue, 09 Sep 2003 00:00:00 +0530 Sat, 12 May 2012 11:23:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114195 Modvat credit could not be denied merely because gate passes were endorsed after 1-4-1994, where the passes had originally been issued before that date and the governing circular continued to recognise such documents. The circular, read in light of the Gujarat High Court ruling, treated pre-1-4-1994 gate passes as valid for credit if the prescribed conditions were met, including that credit was taken on or before 30-6-1994. As those conditions were satisfied on the facts, the earlier disallowance could not stand and the assessee was entitled to credit. Case-Laws Central Excise Tue, 09 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114195