https://www.taxtmi.com/caselaws?id=51733 The Tribunal ruled in favor of the Maharashtra Krishna Valley Development Corporation, allowing credit of around Rs. 1.3 crore for M.S. Pipes. The denial of credit was overturned as the delay in taking credit was due to defective invoices from the supplier, Steel Authority of India, which were later corrected, and credit was taken within six months of the corrected invoices. The Tribunal interpreted Rule 57G to calculate the time limit for taking credit from the corrected invoices rather than the original date, considering previous decisions excluding time consumed due to unforeseeable circumstances. en-us Fri, 22 Nov 2002 00:00:00 +0530 Mon, 27 Sep 2010 18:29:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51733 The Tribunal ruled in favor of the Maharashtra Krishna Valley Development Corporation, allowing credit of around Rs. 1.3 crore for M.S. Pipes. The denial of credit was overturned as the delay in taking credit was due to defective invoices from the supplier, Steel Authority of India, which were later corrected, and credit was taken within six months of the corrected invoices. The Tribunal interpreted Rule 57G to calculate the time limit for taking credit from the corrected invoices rather than the original date, considering previous decisions excluding time consumed due to unforeseeable circumstances. Case-Laws Central Excise Fri, 22 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51733