https://www.taxtmi.com/caselaws?id=239565 One-time transitional CENVAT credit under Rule 9A for textile-sector stock lying on 31-03-2003/01-04-2003 was available where the assessee maintained production and clearance records and paid duty on final products. Procedural lapses in the declaration were treated as non-fatal when the revenue failed to prove that the disputed stock was received only after 01-04-2003. The declaration filed on the next working day was accepted as timely because the prescribed last date fell on a Sunday, and the next working day principle was applied by analogy to the Limitation Act. The credit was therefore allowed and the disallowance rejected. en-us Fri, 27 Sep 2013 00:00:00 +0530 Tue, 26 May 2015 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239565 One-time transitional CENVAT credit under Rule 9A for textile-sector stock lying on 31-03-2003/01-04-2003 was available where the assessee maintained production and clearance records and paid duty on final products. Procedural lapses in the declaration were treated as non-fatal when the revenue failed to prove that the disputed stock was received only after 01-04-2003. The declaration filed on the next working day was accepted as timely because the prescribed last date fell on a Sunday, and the next working day principle was applied by analogy to the Limitation Act. The credit was therefore allowed and the disallowance rejected. Case-Laws Central Excise Fri, 27 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239565