https://www.taxtmi.com/caselaws?id=357716 A one-day delay in filing the statement required under an exemption notification was treated as a procedural lapse rather than a substantive breach. The filing requirement formed part of the procedural machinery for availing self-credit under the exemption scheme, and where the notification language matched earlier Tribunal precedent, delayed compliance was not regarded as fatal if the assessee was otherwise eligible. On that basis, the short delay did not justify forfeiture of the option to take credit on own account or denial of the notification benefit. en-us Mon, 05 Mar 2018 00:00:00 +0530 Wed, 04 Mar 2020 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357716 A one-day delay in filing the statement required under an exemption notification was treated as a procedural lapse rather than a substantive breach. The filing requirement formed part of the procedural machinery for availing self-credit under the exemption scheme, and where the notification language matched earlier Tribunal precedent, delayed compliance was not regarded as fatal if the assessee was otherwise eligible. On that basis, the short delay did not justify forfeiture of the option to take credit on own account or denial of the notification benefit. Case-Laws Central Excise Mon, 05 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357716