https://www.taxtmi.com/caselaws?id=93866 A minor discrepancy between the classification stated in a Modvat declaration and the GP1 documents was held insufficient, by itself, to deny credit where the use of the inputs in or in relation to manufacture was not disputed. The Tribunal treated such clerical mismatch as a matter of form rather than a substantive bar to credit. It also followed its earlier view that welding electrodes, including arc welding electrodes, were eligible inputs for Modvat credit. On that basis, denial of credit and the related penalty were set aside, with consequential relief. en-us Wed, 10 May 2000 00:00:00 +0530 Thu, 17 Nov 2011 15:12:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93866 A minor discrepancy between the classification stated in a Modvat declaration and the GP1 documents was held insufficient, by itself, to deny credit where the use of the inputs in or in relation to manufacture was not disputed. The Tribunal treated such clerical mismatch as a matter of form rather than a substantive bar to credit. It also followed its earlier view that welding electrodes, including arc welding electrodes, were eligible inputs for Modvat credit. On that basis, denial of credit and the related penalty were set aside, with consequential relief. Case-Laws Central Excise Wed, 10 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93866