https://www.taxtmi.com/caselaws?id=84501 MODVAT credit was treated as unavailable where the assessees could not produce verifiable evidence that the inputs were received under a valid duty-paid gate pass. The record showed that the gate pass said to cover the goods was not produced and that the earlier gate pass had been issued without duty debit, creating serious doubt about the receipt of consignments under the corrected document. On those facts, the credit already taken could not be sustained. Subsequent payment of duty by the supplier did not validate credit that had been wrongly availed earlier, so reversal of the credit was upheld. en-us Thu, 15 Jun 1995 00:00:00 +0530 Fri, 22 Jul 2011 13:14:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84501 MODVAT credit was treated as unavailable where the assessees could not produce verifiable evidence that the inputs were received under a valid duty-paid gate pass. The record showed that the gate pass said to cover the goods was not produced and that the earlier gate pass had been issued without duty debit, creating serious doubt about the receipt of consignments under the corrected document. On those facts, the credit already taken could not be sustained. Subsequent payment of duty by the supplier did not validate credit that had been wrongly availed earlier, so reversal of the credit was upheld. Case-Laws Central Excise Thu, 15 Jun 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84501