Filing of declaration under Rule 57G - Clarification regarding - Central Excise - 263/17/87-CX.8

Filing of declaration under Rule 57G - Clarification regarding F.No. 263/17/87-CX.8. Dated 9-2-1988 Government of India Ministry of Finance (Department of Revenue) New Delhi Subject : Filing of declaration under Rule 57G - Clarification regarding. I am directed to refer to Point No. 23 of the 30th Meeting of the Customs and Central Excise Advisory Counsil held on 30th and 31st of October, 1987 regarding requirement of filing a declaration under Rule 57G, indicating the description of final products manufactured and the inputs intended to be used in each of the said final products. The trade had expressed difficulty in furnishing the description of all the inputs on which they wish to avail MODVAT, as at times, the list thereof may, run into thousands for a single final product only. They have therefore represented that for the purposes of Rules 57(G), they may be allowed to give only the Chapter heading and a detailed description of the inputs and the finished products may not be insisted upon. The matter has been examined by the Board and it has been decided that the declaration of the description and sub-headings for both the inputs and final product is essential for availing Modvat credit. Therefore this requirement cannot be dispensed with. However the past cases may be decided by the Collectors on merits keeping in view the fact that if the private/statutory records maintained by the assessee show that inputs have been received and used in the manufacture of the final products and declaration giving broad descriptions/chapters have been filed as required under Rule 57G, then the credit should not be disallowed.