https://www.taxtmi.com/caselaws?id=119946 Rule 57G required Modvat credit to be taken only on inputs actually received in the factory under prescribed documents, and sub-rule (5) prescribed a six-month period. Where goods were seized in transit and, without fault of the assessee, could not be received in the factory within that period, the limitation was not applied rigidly. The period was read harmoniously with the receipt requirement, so credit taken after release of the goods was treated as valid and denial of Modvat credit was unsustainable. en-us Wed, 23 Aug 2006 00:00:00 +0530 Sat, 14 Jul 2012 12:42:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119946 Rule 57G required Modvat credit to be taken only on inputs actually received in the factory under prescribed documents, and sub-rule (5) prescribed a six-month period. Where goods were seized in transit and, without fault of the assessee, could not be received in the factory within that period, the limitation was not applied rigidly. The period was read harmoniously with the receipt requirement, so credit taken after release of the goods was treated as valid and denial of Modvat credit was unsustainable. Case-Laws Central Excise Wed, 23 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119946