https://www.taxtmi.com/caselaws?id=54395 Modvat credit cannot be denied merely because Bills of Entry were endorsed after six months from the date of import where the delay was caused by Customs authorities and not by the assessee. Credit under the Modvat procedure depends on endorsement by the proper officer, but once the assessee receives the endorsed Bills and takes credit promptly, the Revenue cannot penalise it for administrative delay attributable to the authorities themselves. The operative effect is that delayed endorsement by Customs does not, by itself, defeat otherwise eligible credit when the importer is not responsible for the delay. en-us Tue, 22 Mar 2005 00:00:00 +0530 Tue, 19 Oct 2010 18:07:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54395 Modvat credit cannot be denied merely because Bills of Entry were endorsed after six months from the date of import where the delay was caused by Customs authorities and not by the assessee. Credit under the Modvat procedure depends on endorsement by the proper officer, but once the assessee receives the endorsed Bills and takes credit promptly, the Revenue cannot penalise it for administrative delay attributable to the authorities themselves. The operative effect is that delayed endorsement by Customs does not, by itself, defeat otherwise eligible credit when the importer is not responsible for the delay. Case-Laws Central Excise Tue, 22 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54395