https://www.taxtmi.com/caselaws?id=83237 Finished spring leaves received from another unit were treated as eligible Modvat inputs because the declaration was accepted and the appellants showed further processing through tempering and shot peening, supported by supply orders and bills; the Modvat credit was therefore correctly taken and utilised. Accounted goods could not be confiscated merely for absence of a separate entry in another register, and the redemption fine was unsustainable. An unexplained shortage of 20 pieces, however, justified limited duty liability, while the related demand based on Modvat credit and the penalty were set aside. en-us Fri, 22 Apr 1994 00:00:00 +0530 Tue, 12 Jul 2011 10:29:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83237 Finished spring leaves received from another unit were treated as eligible Modvat inputs because the declaration was accepted and the appellants showed further processing through tempering and shot peening, supported by supply orders and bills; the Modvat credit was therefore correctly taken and utilised. Accounted goods could not be confiscated merely for absence of a separate entry in another register, and the redemption fine was unsustainable. An unexplained shortage of 20 pieces, however, justified limited duty liability, while the related demand based on Modvat credit and the penalty were set aside. Case-Laws Central Excise Fri, 22 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83237