1995 (12) TMI 195

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..... Shri D.S. Malik, JDR, for the Respondent. [Order per : Jyoti Balasundaram, Member (J)]. -  The appellants herein were engaged in the manufacture of steel flats and they used specified inputs in the manufacture of their final products which they cleared from the factory during the period 13-5-1988 to 30-6-1988. They filed a declaration as required in terms of Rule 57G of the Central....

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....eceived in the factory prior to the date of filing the declaration is not entitled to the benefit of Modvat credit and holding that the benefit of sub-clause (ii) of Rule 57H has been correctly denied since the main conditions set out in sub-clause (i) was not satisfied. Hence this appeal. 2. We have heard Shri Naveen Mullik who relies upon the decision of the Hon'ble Madhya Pradesh High C....

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....efore obtaining the dated acknowledgment of the declaration made under the said rule if he is satisfied that : (i) such inputs are lying in stock or are received in the factory after filing the declaration made under Rule 57G, or (ii) such inputs are used in the manufacture of final products which are cleared from the factory on or after the first day of March, 1987, and that no....

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....ns to those inputs which are used in the manufacture of final products cleared from the factory on or after 1-3-1987 provided that no credit has been taken by the manufacturer in respect of such inputs under any other Rule or Notification or that the final products of such inputs are not dutiable. The Assistant Collector has held that the purpose of the Rule was to give credit both to the inputs l....