https://www.taxtmi.com/caselaws?id=93030 Modvat credit was denied because the invoices were not authenticated by the competent Central Excise officer as required by Rule 57G(2)(h); the condition was treated as mandatory, not merely procedural, so receipt of duty-paid goods on dealer invoices did not preserve the credit claim. The demand for reversal was upheld. The penalty was also sustained because it was not found excessive, and the assessee's plea of ignorance of the rule was rejected on the principle that ignorance of law is no excuse. en-us Wed, 25 Aug 1999 00:00:00 +0530 Mon, 07 Nov 2011 17:53:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93030 Modvat credit was denied because the invoices were not authenticated by the competent Central Excise officer as required by Rule 57G(2)(h); the condition was treated as mandatory, not merely procedural, so receipt of duty-paid goods on dealer invoices did not preserve the credit claim. The demand for reversal was upheld. The penalty was also sustained because it was not found excessive, and the assessee's plea of ignorance of the rule was rejected on the principle that ignorance of law is no excuse. Case-Laws Central Excise Wed, 25 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93030