https://www.taxtmi.com/caselaws?id=51438 For Modvat credit on capital goods under Rule 57T, the filing period for the declaration was reckoned from the date of factory registration under Rule 174, not from the earlier receipt of the capital goods. On the facts noted, the factory registration certificate was issued on 6 April 1999 and the declaration was filed on 7 May 1999, so the declaration was treated as within time and no adverse delay consequence arose. The assessee was therefore regarded as eligible for Modvat credit on the capital goods. en-us Fri, 15 Mar 2002 00:00:00 +0530 Fri, 24 Sep 2010 17:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51438 For Modvat credit on capital goods under Rule 57T, the filing period for the declaration was reckoned from the date of factory registration under Rule 174, not from the earlier receipt of the capital goods. On the facts noted, the factory registration certificate was issued on 6 April 1999 and the declaration was filed on 7 May 1999, so the declaration was treated as within time and no adverse delay consequence arose. The assessee was therefore regarded as eligible for Modvat credit on the capital goods. Case-Laws Central Excise Fri, 15 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51438