https://www.taxtmi.com/caselaws?id=89284 Physical shortage recorded in the panchnama was accepted by the assessee's representative without objection, and the later challenge to the weighment was not persuasive. Damaged inputs were found to have been received in a condition unfit for use in manufacture, and the assessee failed to prove that they were actually brought into the manufacturing process. On those facts, the claim to Modvat credit under Rule 57D of the Central Excise Rules, 1944 was unavailable, and the duty demand, denial of credit, and penalty were upheld. en-us Thu, 18 Jun 1998 00:00:00 +0530 Mon, 26 Sep 2011 10:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89284 Physical shortage recorded in the panchnama was accepted by the assessee's representative without objection, and the later challenge to the weighment was not persuasive. Damaged inputs were found to have been received in a condition unfit for use in manufacture, and the assessee failed to prove that they were actually brought into the manufacturing process. On those facts, the claim to Modvat credit under Rule 57D of the Central Excise Rules, 1944 was unavailable, and the duty demand, denial of credit, and penalty were upheld. Case-Laws Customs Thu, 18 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89284