https://www.taxtmi.com/caselaws?id=88478 Modvat credit could not be denied solely because the assessee had not obtained prior permission before taking credit on original invoices where the duplicate invoices were said to have been lost in transit. Rule 57G(2A) allows credit on original invoices, subject to the Assistant Commissioner being satisfied that the duplicate copy was lost, and the lack of prior permission was treated as a procedural lapse only. Because receipt of inputs and the admissibility of credit were not in dispute, the matter required fresh examination of the evidence on loss of the duplicate invoices. The denial of credit was set aside and the issue remanded for reconsideration. en-us Fri, 31 Oct 1997 00:00:00 +0530 Mon, 19 Sep 2011 12:05:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88478 Modvat credit could not be denied solely because the assessee had not obtained prior permission before taking credit on original invoices where the duplicate invoices were said to have been lost in transit. Rule 57G(2A) allows credit on original invoices, subject to the Assistant Commissioner being satisfied that the duplicate copy was lost, and the lack of prior permission was treated as a procedural lapse only. Because receipt of inputs and the admissibility of credit were not in dispute, the matter required fresh examination of the evidence on loss of the duplicate invoices. The denial of credit was set aside and the issue remanded for reconsideration. Case-Laws Central Excise Fri, 31 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88478