https://www.taxtmi.com/caselaws?id=94662 Modvat credit under Rule 57F(2) could not be reversed where inputs were lawfully sent directly to job workers under an approved procedure, the inputs themselves were undisputed, and duty had been paid on the finished goods; the failure of processed goods to physically enter the principal manufacturer's factory was only a procedural lapse and did not justify denial of credit. By contrast, penalty and confiscation were sustained because final products were found unrecorded in statutory registers, and that conduct was treated as a contravention warranting penal consequences. en-us Wed, 01 Dec 1999 00:00:00 +0530 Fri, 02 Dec 2011 17:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94662 Modvat credit under Rule 57F(2) could not be reversed where inputs were lawfully sent directly to job workers under an approved procedure, the inputs themselves were undisputed, and duty had been paid on the finished goods; the failure of processed goods to physically enter the principal manufacturer's factory was only a procedural lapse and did not justify denial of credit. By contrast, penalty and confiscation were sustained because final products were found unrecorded in statutory registers, and that conduct was treated as a contravention warranting penal consequences. Case-Laws Central Excise Wed, 01 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94662