https://www.taxtmi.com/caselaws?id=3936 Modvat credit on capital goods could not be denied merely because the declaration under Rule 57T was filed late or the related intimation was delayed. The 1999 amendment and accompanying circular treated such procedural lapses as non-fatal where the Assistant Commissioner was satisfied that duty had been paid and the capital goods were actually used, or intended to be used, in manufacture. As the only basis for disallowance was the belated declaration and no substantive defect was established, the procedural default did not justify denial of credit, and the assessee succeeded. en-us Thu, 01 Nov 2007 00:00:00 +0530 Mon, 12 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3936 Modvat credit on capital goods could not be denied merely because the declaration under Rule 57T was filed late or the related intimation was delayed. The 1999 amendment and accompanying circular treated such procedural lapses as non-fatal where the Assistant Commissioner was satisfied that duty had been paid and the capital goods were actually used, or intended to be used, in manufacture. As the only basis for disallowance was the belated declaration and no substantive defect was established, the procedural default did not justify denial of credit, and the assessee succeeded. Case-Laws Central Excise Thu, 01 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3936