https://www.taxtmi.com/caselaws?id=85326 Modvat credit on imported inputs could not be denied merely because the Bill of Entry was endorsed in the importer's favour and the goods were not originally consigned in its name. The Tribunal treated the endorsed Bill of Entry as a valid duty-paying document under the Modvat scheme, noting that endorsed gate passes and endorsed Bills of Entry were recognised for credit at the relevant time. Because the goods had reached the appellant's factory in original condition after customs clearance and duty had been borne on import, the absence of a subsidiary certificate was not a valid ground to refuse credit. The denial of Modvat credit was therefore unsustainable. en-us Fri, 19 Apr 1996 00:00:00 +0530 Thu, 04 Aug 2011 12:44:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85326 Modvat credit on imported inputs could not be denied merely because the Bill of Entry was endorsed in the importer's favour and the goods were not originally consigned in its name. The Tribunal treated the endorsed Bill of Entry as a valid duty-paying document under the Modvat scheme, noting that endorsed gate passes and endorsed Bills of Entry were recognised for credit at the relevant time. Because the goods had reached the appellant's factory in original condition after customs clearance and duty had been borne on import, the absence of a subsidiary certificate was not a valid ground to refuse credit. The denial of Modvat credit was therefore unsustainable. Case-Laws Central Excise Fri, 19 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85326