https://www.taxtmi.com/caselaws?id=51027 Late filing of the declaration for capital goods credit under the Central Excise Rules could not be condoned beyond the prescribed period in Rule 57T. The Tribunal held that the mandatory filing requirement had to be complied with, and the assessee's intention to use the goods in manufacture could not replace statutory compliance. It further held that the beneficial nature of the credit scheme did not justify ignoring the time limit fixed by the rules. The request for condonation was therefore rejected and the denial of credit relief sustained. en-us Fri, 23 Nov 2001 00:00:00 +0530 Tue, 21 Sep 2010 15:30:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51027 Late filing of the declaration for capital goods credit under the Central Excise Rules could not be condoned beyond the prescribed period in Rule 57T. The Tribunal held that the mandatory filing requirement had to be complied with, and the assessee's intention to use the goods in manufacture could not replace statutory compliance. It further held that the beneficial nature of the credit scheme did not justify ignoring the time limit fixed by the rules. The request for condonation was therefore rejected and the denial of credit relief sustained. Case-Laws Central Excise Fri, 23 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51027