https://www.taxtmi.com/caselaws?id=122128 A subsequent notification limiting Modvat credit after six months could not be applied retrospectively to inputs received before its issue. The inputs were duty-paid, their receipt and use in manufacture were undisputed, and the right to credit accrued when the prescribed documents were received under Rule 57G. In the absence of an express retrospective intention, the notification could not destroy that pre-existing entitlement. Denial of Modvat credit was therefore unsustainable, and the assessee succeeded on the issue. en-us Thu, 02 Nov 2006 00:00:00 +0530 Wed, 08 Aug 2012 17:49:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122128 A subsequent notification limiting Modvat credit after six months could not be applied retrospectively to inputs received before its issue. The inputs were duty-paid, their receipt and use in manufacture were undisputed, and the right to credit accrued when the prescribed documents were received under Rule 57G. In the absence of an express retrospective intention, the notification could not destroy that pre-existing entitlement. Denial of Modvat credit was therefore unsustainable, and the assessee succeeded on the issue. Case-Laws Central Excise Thu, 02 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122128