https://www.taxtmi.com/caselaws?id=89075 Modvat credit cannot be denied merely because the Department cannot show a strict one-to-one correlation between imported inputs and finished products, where the inputs are entered in statutory records and supported by store issue requisitions. The absence of direct correlation in the requisitions, by itself, is not sufficient to conclude unauthorized removal of inputs without intimation under Rule 57F. The matter was remanded so the assessee could establish the linkage between the store issue requisitions and the inputs covered by the Bill of Entry. en-us Fri, 29 May 1998 00:00:00 +0530 Fri, 23 Sep 2011 12:27:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89075 Modvat credit cannot be denied merely because the Department cannot show a strict one-to-one correlation between imported inputs and finished products, where the inputs are entered in statutory records and supported by store issue requisitions. The absence of direct correlation in the requisitions, by itself, is not sufficient to conclude unauthorized removal of inputs without intimation under Rule 57F. The matter was remanded so the assessee could establish the linkage between the store issue requisitions and the inputs covered by the Bill of Entry. Case-Laws Central Excise Fri, 29 May 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89075