https://www.taxtmi.com/caselaws?id=50106 Deemed credit on inputs could be availed after receipt of the goods where the governing rules did not prescribe any express time limit or specific prohibition on delayed availment. Since the credit was otherwise admissible on receipt of the inputs, denial was not justified merely because it was taken later. The assessee's earlier taking of lesser credit by mistake, followed by a claim only for the balance, was also treated as immaterial in the absence of any demonstrated loss to the department. Delayed availment of deemed credit was therefore held permissible. en-us Mon, 30 Oct 2000 00:00:00 +0530 Thu, 19 Aug 2010 17:24:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50106 Deemed credit on inputs could be availed after receipt of the goods where the governing rules did not prescribe any express time limit or specific prohibition on delayed availment. Since the credit was otherwise admissible on receipt of the inputs, denial was not justified merely because it was taken later. The assessee's earlier taking of lesser credit by mistake, followed by a claim only for the balance, was also treated as immaterial in the absence of any demonstrated loss to the department. Delayed availment of deemed credit was therefore held permissible. Case-Laws Central Excise Mon, 30 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50106