https://www.taxtmi.com/caselaws?id=118828 Modvat credit on inputs was held not barred where the inputs were covered by the declaration procedure and had already qualified for proforma credit under the earlier scheme, so the restriction in Rule 57H(2) did not apply. Recovery of credit also required a valid show cause notice within the prescribed limitation period under Rule 57I; a belated demand could not be sustained by relying only on RT-12 assessment memoranda, and notice was necessary to satisfy natural justice. The impugned order was therefore set aside. en-us Mon, 19 Sep 2005 00:00:00 +0530 Fri, 06 Jul 2012 11:19:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118828 Modvat credit on inputs was held not barred where the inputs were covered by the declaration procedure and had already qualified for proforma credit under the earlier scheme, so the restriction in Rule 57H(2) did not apply. Recovery of credit also required a valid show cause notice within the prescribed limitation period under Rule 57I; a belated demand could not be sustained by relying only on RT-12 assessment memoranda, and notice was necessary to satisfy natural justice. The impugned order was therefore set aside. Case-Laws Central Excise Mon, 19 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118828