https://www.taxtmi.com/caselaws?id=116233 Modvat credit was treated as admissible where duty-paid inputs were received under proper documents, entered in the books, and used in manufacturing dutiable goods. Filing the Rule 57T declaration after receipt of the goods was regarded as a technical lapse, and substantive credit was not denied for that procedural default when the delay was capable of condonation under the rule. The Tribunal applied its discretion to condone the delay and accepted the assessee's entitlement to Modvat credit. en-us Tue, 19 Apr 2005 00:00:00 +0530 Sat, 09 Jun 2012 11:21:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116233 Modvat credit was treated as admissible where duty-paid inputs were received under proper documents, entered in the books, and used in manufacturing dutiable goods. Filing the Rule 57T declaration after receipt of the goods was regarded as a technical lapse, and substantive credit was not denied for that procedural default when the delay was capable of condonation under the rule. The Tribunal applied its discretion to condone the delay and accepted the assessee's entitlement to Modvat credit. Case-Laws Central Excise Tue, 19 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116233