https://www.taxtmi.com/caselaws?id=124354 Modvat credit could not be denied merely because the declaration was filed under Rule 57J instead of Rule 57G, since the declaration disclosed the inputs and gave the Department substantive notice of the intended credit claim; the defect was treated as technical and procedural. The demand was also held time-barred because the declaration disclosed the relevant inputs, intermediary products and final products, leaving no basis to allege suppression or misstatement with intent to evade duty, so the extended limitation period could not be invoked. On that reasoning, the demand and penalty did not survive. en-us Mon, 08 Oct 2007 00:00:00 +0530 Fri, 28 Sep 2012 12:47:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124354 Modvat credit could not be denied merely because the declaration was filed under Rule 57J instead of Rule 57G, since the declaration disclosed the inputs and gave the Department substantive notice of the intended credit claim; the defect was treated as technical and procedural. The demand was also held time-barred because the declaration disclosed the relevant inputs, intermediary products and final products, leaving no basis to allege suppression or misstatement with intent to evade duty, so the extended limitation period could not be invoked. On that reasoning, the demand and penalty did not survive. Case-Laws Central Excise Mon, 08 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124354