https://www.taxtmi.com/caselaws?id=33844 Under the amended Rule 57G(2) of the Central Excise Rules, 1944, Modvat credit had to be taken within six months from the date of the duty paying document. Credit taken after that statutory period was inadmissible, and the time limit could not be ignored on the ground that the substantive conditions for credit were otherwise met. The analysis also noted that Rule 57A required credit to be taken only in the prescribed manner and that the six-month restriction introduced by Notification No. 28/95-C.E. (N.T.) governed the relevant period. The operative effect is that delayed credit beyond the prescribed period is barred. en-us Mon, 08 Sep 2008 00:00:00 +0530 Wed, 17 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33844 Under the amended Rule 57G(2) of the Central Excise Rules, 1944, Modvat credit had to be taken within six months from the date of the duty paying document. Credit taken after that statutory period was inadmissible, and the time limit could not be ignored on the ground that the substantive conditions for credit were otherwise met. The analysis also noted that Rule 57A required credit to be taken only in the prescribed manner and that the six-month restriction introduced by Notification No. 28/95-C.E. (N.T.) governed the relevant period. The operative effect is that delayed credit beyond the prescribed period is barred. Case-Laws Central Excise Mon, 08 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33844