Case Laws
Acts
Notifications
Circulars
Classification
Forms
Manuals
Articles
News
D. Forum
Highlights
Notes
🚨 Important Update for Our Users
We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.
⚠️ This portal will be discontinued on 31-07-2025
If you encounter any issues or problems while using the new portal,
please
let us know via our feedback form
so we can address them promptly.
Home
2001 (10) TMI 551 - AT - Central Excise
The appeal was filed against the Order disallowing Modvat credit due to late availing. The appellants admitted availing credit after the statutory period, citing labor problems and factory closure. Rule 57G(5) states credit cannot be taken after six months, which is mandatory. The Commissioner's decision was upheld, dismissing the appeal.
|