https://www.taxtmi.com/caselaws?id=86377 Modvat credit could not be denied solely because the supplier's invoices were first issued in the name of the holding company and later endorsed to the appellant, where receipt of the inputs at the appellant's factory and correlation between the goods and the documents were established. The Tribunal applied the principle that credit is not defeated by an initial misdescription in the invoice when the substantive conditions of receipt and identity of the inputs are satisfied. On that basis, the denial of credit was set aside in favour of the appellant. en-us Wed, 29 Jan 1997 00:00:00 +0530 Wed, 24 Aug 2011 13:27:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86377 Modvat credit could not be denied solely because the supplier's invoices were first issued in the name of the holding company and later endorsed to the appellant, where receipt of the inputs at the appellant's factory and correlation between the goods and the documents were established. The Tribunal applied the principle that credit is not defeated by an initial misdescription in the invoice when the substantive conditions of receipt and identity of the inputs are satisfied. On that basis, the denial of credit was set aside in favour of the appellant. Case-Laws Customs Wed, 29 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86377