https://www.taxtmi.com/caselaws?id=33935 Notification No. 16/94-C.E. (N.T.) permitted Modvat credit on endorsed gate passes issued before 1 April 1994, provided credit was taken by 30 June 1994. The notification did not add any further requirement that the endorsement itself had to be made before 1 April 1994. On that construction, gate passes issued before the cut-off date but endorsed later, and within the prescribed credit period, remained valid documents for credit. The interpretation was consistent with other High Court decisions and the departmental circular, confirming entitlement to Modvat credit on such endorsed gate passes. en-us Wed, 10 Jun 2009 00:00:00 +0530 Tue, 16 Mar 2010 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33935 Notification No. 16/94-C.E. (N.T.) permitted Modvat credit on endorsed gate passes issued before 1 April 1994, provided credit was taken by 30 June 1994. The notification did not add any further requirement that the endorsement itself had to be made before 1 April 1994. On that construction, gate passes issued before the cut-off date but endorsed later, and within the prescribed credit period, remained valid documents for credit. The interpretation was consistent with other High Court decisions and the departmental circular, confirming entitlement to Modvat credit on such endorsed gate passes. Case-Laws Central Excise Wed, 10 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33935