https://www.taxtmi.com/caselaws?id=117506 Modvat credit on capital goods could not be denied merely because the excise classification in the purchase invoice differed from the classification stated in the declaration filed under Rule 57-T. The declaration requirement was limited to the particulars of the capital goods, meaning their commercial identity, specifications, or distinguishing features, and did not require the assessee to determine the exact tariff classification. A classification mismatch alone would create uncertainty in the Modvat scheme. Credit was therefore held to be admissible where the identity of the goods was otherwise clear. en-us Fri, 03 Mar 2006 00:00:00 +0530 Sat, 23 Jun 2012 11:34:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117506 Modvat credit on capital goods could not be denied merely because the excise classification in the purchase invoice differed from the classification stated in the declaration filed under Rule 57-T. The declaration requirement was limited to the particulars of the capital goods, meaning their commercial identity, specifications, or distinguishing features, and did not require the assessee to determine the exact tariff classification. A classification mismatch alone would create uncertainty in the Modvat scheme. Credit was therefore held to be admissible where the identity of the goods was otherwise clear. Case-Laws Central Excise Fri, 03 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117506