https://www.taxtmi.com/caselaws?id=48847 Modvat credit on sponge iron could not be denied solely because a supplementary declaration under Rule 57G was not filed for the relevant period where the input was received under valid duty-paying documents and used in declared final products. The omission was treated as a procedural lapse, and the later amendment to Rule 57G by Notification No. 7/99-C.E. (N.T.), together with the corresponding circular, was regarded as relevant to pending matters. The Tribunal directed that admissibility of credit be examined afresh in light of the amended legal position, and the denial of credit was not finally sustained. en-us Thu, 31 Aug 2000 00:00:00 +0530 Tue, 21 May 2019 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48847 Modvat credit on sponge iron could not be denied solely because a supplementary declaration under Rule 57G was not filed for the relevant period where the input was received under valid duty-paying documents and used in declared final products. The omission was treated as a procedural lapse, and the later amendment to Rule 57G by Notification No. 7/99-C.E. (N.T.), together with the corresponding circular, was regarded as relevant to pending matters. The Tribunal directed that admissibility of credit be examined afresh in light of the amended legal position, and the denial of credit was not finally sustained. Case-Laws Central Excise Thu, 31 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48847