https://www.taxtmi.com/caselaws?id=94371 Modvat credit was held to depend on compliance with mandatory invoice requirements under Rule 57GG, and defects could not be ignored where the prescribed conditions were not fully met. The two parts of each invoice were treated as correlatable, so missing particulars appearing in the first part were cured by details in the second part; transport-related omissions were treated as non-fatal on the facts. However, the defect in invoice serial numbers, together with the quantity-related defect, was sufficient to justify denial of credit. Penalty was set aside because the shortcomings were attributable to supplier-issued invoices and there was no culpable conduct by the assessee. en-us Thu, 27 Aug 1998 00:00:00 +0530 Tue, 22 Nov 2011 10:34:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94371 Modvat credit was held to depend on compliance with mandatory invoice requirements under Rule 57GG, and defects could not be ignored where the prescribed conditions were not fully met. The two parts of each invoice were treated as correlatable, so missing particulars appearing in the first part were cured by details in the second part; transport-related omissions were treated as non-fatal on the facts. However, the defect in invoice serial numbers, together with the quantity-related defect, was sufficient to justify denial of credit. Penalty was set aside because the shortcomings were attributable to supplier-issued invoices and there was no culpable conduct by the assessee. Case-Laws Central Excise Thu, 27 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94371