https://www.taxtmi.com/caselaws?id=93211 Modvat credit was held not to be deniable merely because supplier invoices described the inputs as plates, where the goods were in substance flat-rolled mild steel products of thickness not exceeding 5 mm and otherwise satisfied the relevant classification and eligibility requirements. A mere difference in commercial nomenclature, arising from trade practice, could not defeat deemed credit when the nature of the goods and tariff position were correct. On that basis, the assessee was found to have a prima facie case, pre-deposit was waived, and recovery was stayed. en-us Wed, 08 Dec 1999 00:00:00 +0530 Wed, 09 Nov 2011 11:16:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93211 Modvat credit was held not to be deniable merely because supplier invoices described the inputs as plates, where the goods were in substance flat-rolled mild steel products of thickness not exceeding 5 mm and otherwise satisfied the relevant classification and eligibility requirements. A mere difference in commercial nomenclature, arising from trade practice, could not defeat deemed credit when the nature of the goods and tariff position were correct. On that basis, the assessee was found to have a prima facie case, pre-deposit was waived, and recovery was stayed. Case-Laws Central Excise Wed, 08 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93211