https://www.taxtmi.com/caselaws?id=80096 Modvat credit under Rule 57G could not be denied merely because gate passes accompanying inputs bore more than two endorsements before receipt by the claimant factory. The procedural relaxation for endorsed gate passes was intended to facilitate credit where the duty-paid nature of the goods and duty quantum could be verified. Denial on the sole ground of excessive endorsements was a mechanical approach inconsistent with the Modvat scheme. Credit remained subject to verification that the gate passes were genuine and had not been used earlier for availing credit. en-us Wed, 01 Nov 1989 00:00:00 +0530 Tue, 14 Jun 2011 17:02:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80096 Modvat credit under Rule 57G could not be denied merely because gate passes accompanying inputs bore more than two endorsements before receipt by the claimant factory. The procedural relaxation for endorsed gate passes was intended to facilitate credit where the duty-paid nature of the goods and duty quantum could be verified. Denial on the sole ground of excessive endorsements was a mechanical approach inconsistent with the Modvat scheme. Credit remained subject to verification that the gate passes were genuine and had not been used earlier for availing credit. Case-Laws Customs Wed, 01 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80096