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<h1>Appeal on Modvat credit rejected as actual payment verification not required under Notification No. 29/2000-C.E. (N.T.).</h1> The Tribunal rejected the appeal regarding Modvat credit under Notification No. 29/2000-C.E. (N.T.), agreeing with the respondent that actual payment ... Cenvat/Modvat on inputs The dispute was about Modvat credit under Notification No. 29/2000-C.E. (N.T.). The respondent argued that since the inputs were deemed to have paid duty, actual payment verification was not needed. The Tribunal agreed with the respondent, citing Para 2 of the Notification. The appeal was rejected.
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