https://www.taxtmi.com/caselaws?id=252715 The article explains that the six-month time limit under Rule 57G(5) was treated as a procedural restriction on the manner and timing of availing Modvat credit, not as a destruction of the underlying credit entitlement. It further notes that a bill of entry for imported goods is a covered document under Rule 57G(3), and the period runs from the date of issue of that bill of entry even where the goods were imported before the amendment introducing the limit. The commentary also records that delayed availment may attract penalty, though relief from penal consequences was granted on the facts discussed. en-us Wed, 01 Oct 2014 00:00:00 +0530 Thu, 04 Jun 2015 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252715 The article explains that the six-month time limit under Rule 57G(5) was treated as a procedural restriction on the manner and timing of availing Modvat credit, not as a destruction of the underlying credit entitlement. It further notes that a bill of entry for imported goods is a covered document under Rule 57G(3), and the period runs from the date of issue of that bill of entry even where the goods were imported before the amendment introducing the limit. The commentary also records that delayed availment may attract penalty, though relief from penal consequences was granted on the facts discussed. Case-Laws Central Excise Wed, 01 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252715