https://www.taxtmi.com/caselaws?id=83203 A mere procedural miscredit or debit from the wrong account under the Modvat procedure did not sustain the demand where the inputs and outputs were covered by the scheme, the inputs were common to the declared outputs, and no revenue loss was shown. The defect was treated as a procedural lapse rather than a substantive default, and denial of credit benefit was unwarranted in the absence of demonstrated duty loss. The demand was therefore unsustainable except to the extent of the amount already deposited and not disputed, and the assessee succeeded on the remaining contested amount. en-us Mon, 21 Feb 1994 00:00:00 +0530 Mon, 11 Jul 2011 16:39:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83203 A mere procedural miscredit or debit from the wrong account under the Modvat procedure did not sustain the demand where the inputs and outputs were covered by the scheme, the inputs were common to the declared outputs, and no revenue loss was shown. The defect was treated as a procedural lapse rather than a substantive default, and denial of credit benefit was unwarranted in the absence of demonstrated duty loss. The demand was therefore unsustainable except to the extent of the amount already deposited and not disputed, and the assessee succeeded on the remaining contested amount. Case-Laws Central Excise Mon, 21 Feb 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83203