CEGAT rules Modvat credit valid if declared inputs used in manufacturing final products

The Appellate Tribunal CEGAT, Mumbai dismissed the appeal regarding Modvat credit, affirming that credit cannot be denied if declared inputs were used in manufacturing declared final products. The department's argument about the printed number in the invoice was deemed invalid, leading to the dismissal of the appeal.

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The Appellate Tribunal CEGAT, Mumbai dismissed the appeal regarding Modvat credit, stating that as long as declared inputs were used in manufacturing declared final products, credit cannot be denied. The department's argument about the printed number in the invoice not being found was deemed invalid. The appeal was dismissed.

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