https://www.taxtmi.com/caselaws?id=89571 Modvat credit was admissible on invoices issued by a registered dealer where the documents were valid under proviso (g) to Rule 57G(2) and the goods were received in the factory and used in manufacture. Credit also could not be denied merely because the goods moved through a stock transfer, since Section 2(h) of the Central Excise Act, 1944 treats transfer of possession for valuable consideration as sale for this purpose. On both grounds, the credit claim was accepted in full and the disallowance was held unsustainable. en-us Tue, 01 Sep 1998 00:00:00 +0530 Wed, 28 Sep 2011 11:36:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89571 Modvat credit was admissible on invoices issued by a registered dealer where the documents were valid under proviso (g) to Rule 57G(2) and the goods were received in the factory and used in manufacture. Credit also could not be denied merely because the goods moved through a stock transfer, since Section 2(h) of the Central Excise Act, 1944 treats transfer of possession for valuable consideration as sale for this purpose. On both grounds, the credit claim was accepted in full and the disallowance was held unsustainable. Case-Laws Central Excise Tue, 01 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89571