Availing of Modvat Credit on inputs at a later date - Regarding

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....t on inputs at a later date - Regarding. Attention to point No. 5 of the Modvat meeting held on 7th May, 1990 at Bombay, wherein it was decided that Modvat credit is to be taken immediately on receipt of inputs alongwith duty paying documents in the assessee factory. However, stray cases of genuine delay could be taken up with the concerned Collector of Central Excise. 2. It has been brought....