https://www.taxtmi.com/caselaws?id=2955 Rule 57A gives the substantive right to Modvat credit on duty-paid inputs, while Rule 57E is procedural and governs adjustment of credit. Where duty on cleared inputs is ultimately paid after adjudication, that later payment constitutes a variation in duty credit attracting Rule 57E. The 01.03.1997 amendment to Rule 57E was treated as clarificatory and not retrospective, so it could not defeat credit in cases where duty was not originally paid at clearance. The buyer's entitlement to credit was therefore preserved, and the certificate under Rule 57E remained issuable. en-us Thu, 01 Nov 2007 00:00:00 +0530 Wed, 16 Apr 2008 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2955 Rule 57A gives the substantive right to Modvat credit on duty-paid inputs, while Rule 57E is procedural and governs adjustment of credit. Where duty on cleared inputs is ultimately paid after adjudication, that later payment constitutes a variation in duty credit attracting Rule 57E. The 01.03.1997 amendment to Rule 57E was treated as clarificatory and not retrospective, so it could not defeat credit in cases where duty was not originally paid at clearance. The buyer's entitlement to credit was therefore preserved, and the certificate under Rule 57E remained issuable. Case-Laws Central Excise Thu, 01 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2955