https://www.taxtmi.com/caselaws?id=83111 Modvat credit was treated as admissible for goods acquired on High Sea Sale basis where the Bills of Entry were duly endorsed in favour of the purchaser. The assessed Bill of Entry was accepted as proof of duty payment, and receipt of the goods in original packed condition directly from the Customs House to the factory was considered sufficient support for credit eligibility. The settled practice and prior Tribunal orders on the same point reinforced this approach, and the denial of credit was set aside. en-us Tue, 22 Mar 1994 00:00:00 +0530 Mon, 11 Jul 2011 10:39:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83111 Modvat credit was treated as admissible for goods acquired on High Sea Sale basis where the Bills of Entry were duly endorsed in favour of the purchaser. The assessed Bill of Entry was accepted as proof of duty payment, and receipt of the goods in original packed condition directly from the Customs House to the factory was considered sufficient support for credit eligibility. The settled practice and prior Tribunal orders on the same point reinforced this approach, and the denial of credit was set aside. Case-Laws Central Excise Tue, 22 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83111