https://www.taxtmi.com/caselaws?id=93863 Modvat credit taken by the receiver of inputs cannot be denied merely because the supplier-manufacturer was alleged to have taken excess credit or because the duty entry in the supplier's records was disputed. Credit supported by invoices issued under Rule 52A and duty payment shown by debit entry in the supplier's records remained valid for the recipient. The recipient was not required to verify the supplier's Modvat records. Any discrepancy in the supplier's credit account had to be dealt with against the supplier by correction, recovery, or reversal at that end, rather than by disallowing the recipient's credit absent action against the supplier. en-us Mon, 08 May 2000 00:00:00 +0530 Thu, 17 Nov 2011 15:05:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93863 Modvat credit taken by the receiver of inputs cannot be denied merely because the supplier-manufacturer was alleged to have taken excess credit or because the duty entry in the supplier's records was disputed. Credit supported by invoices issued under Rule 52A and duty payment shown by debit entry in the supplier's records remained valid for the recipient. The recipient was not required to verify the supplier's Modvat records. Any discrepancy in the supplier's credit account had to be dealt with against the supplier by correction, recovery, or reversal at that end, rather than by disallowing the recipient's credit absent action against the supplier. Case-Laws Central Excise Mon, 08 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93863