https://www.taxtmi.com/caselaws?id=86246 Modvat credit under the transitional documentary and registration requirements introduced in July 1994 could not be denied where the inputs were duty-paid and the invoices were otherwise valid, but the dealers had not yet registered themselves. The Tribunal treated the new requirements as procedural during the transition, noting that the department itself later issued a circular and amending notification to ease implementation. Because the registration lapse was beyond the assessee's control and the substantive character of the inputs was not disputed, the credit was allowed and the penalty was found unsustainable. The principle applied was that a substantive tax benefit cannot be refused for mere procedural non-compliance in transitional conditions. en-us Fri, 27 Sep 1996 00:00:00 +0530 Tue, 16 Aug 2011 17:00:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86246 Modvat credit under the transitional documentary and registration requirements introduced in July 1994 could not be denied where the inputs were duty-paid and the invoices were otherwise valid, but the dealers had not yet registered themselves. The Tribunal treated the new requirements as procedural during the transition, noting that the department itself later issued a circular and amending notification to ease implementation. Because the registration lapse was beyond the assessee's control and the substantive character of the inputs was not disputed, the credit was allowed and the penalty was found unsustainable. The principle applied was that a substantive tax benefit cannot be refused for mere procedural non-compliance in transitional conditions. Case-Laws Central Excise Fri, 27 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86246