2001 (2) TMI 523 - AT - Central Excise

Summary

The appeal was filed by M/s. Madura Coats Limited regarding the availability of Modvat credit under Rule 57A. The issue was whether the credit could be availed after six months from the date of issue of duty paying documents. The appellant argued that the delay of 6 days should not prevent them from availing the credit, citing a Larger Bench decision. However, the Tribunal ruled that Rule 57G(5) specifies a time limit of six months for availing the credit, which is a substantive provision, not merely procedural. As the credit was taken after the six-month limit, the appeal was rejected.