https://www.taxtmi.com/caselaws?id=92835 Modvat credit was held inadmissible where the assessee relied on an internal requisition slip issued by its head office instead of a prescribed duty paying document. Although the inputs had suffered duty, the credit mechanism required compliance with the statutory document-based procedure, and an internal distribution slip could not substitute for the recognised evidence of duty payment. Public body status did not relax those requirements. The denial of credit was therefore upheld. en-us Mon, 29 Nov 1999 00:00:00 +0530 Sat, 05 Nov 2011 13:33:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92835 Modvat credit was held inadmissible where the assessee relied on an internal requisition slip issued by its head office instead of a prescribed duty paying document. Although the inputs had suffered duty, the credit mechanism required compliance with the statutory document-based procedure, and an internal distribution slip could not substitute for the recognised evidence of duty payment. Public body status did not relax those requirements. The denial of credit was therefore upheld. Case-Laws Central Excise Mon, 29 Nov 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92835