https://www.taxtmi.com/caselaws?id=51734 The Tribunal allowed the appeal in favor of the appellants, finding the denial of Modvat credit on 'Die Casting Machines' erroneous. It was determined that the machines were used for both exempted and dutiable goods, making them eligible for credit under Rule 57R. The delay in filing the declaration under Rule 57T was condoned by the Assistant Commissioner within the permissible time limit, supported by the Goods Receipt Note. The Tribunal held the impugned order unsustainable for not considering the Goods Receipt Note and disregarding precedent on credit denial for declaration failure, granting consequential relief to the appellants. en-us Mon, 09 Dec 2002 00:00:00 +0530 Mon, 27 Sep 2010 18:30:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51734 The Tribunal allowed the appeal in favor of the appellants, finding the denial of Modvat credit on 'Die Casting Machines' erroneous. It was determined that the machines were used for both exempted and dutiable goods, making them eligible for credit under Rule 57R. The delay in filing the declaration under Rule 57T was condoned by the Assistant Commissioner within the permissible time limit, supported by the Goods Receipt Note. The Tribunal held the impugned order unsustainable for not considering the Goods Receipt Note and disregarding precedent on credit denial for declaration failure, granting consequential relief to the appellants. Case-Laws Central Excise Mon, 09 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51734