https://www.taxtmi.com/caselaws?id=96308 Penalty under Rule 173Q was considered unsustainable where Modvat credit had not been denied and the alleged breach of Rule 57GG was not specifically identified. The traders had availed credit on manufacturers' invoices and passed it on under the scheme, while the receipt of goods, duty payment, credit availment and onward passing of credit were undisputed. As the duplicate invoice was said to have been lost after receipt of goods and no definite contravention of Rule 57GG was established, penal action was held unjustified. The penalty was accordingly set aside. en-us Mon, 05 Feb 2001 00:00:00 +0530 Tue, 20 Dec 2011 17:40:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96308 Penalty under Rule 173Q was considered unsustainable where Modvat credit had not been denied and the alleged breach of Rule 57GG was not specifically identified. The traders had availed credit on manufacturers' invoices and passed it on under the scheme, while the receipt of goods, duty payment, credit availment and onward passing of credit were undisputed. As the duplicate invoice was said to have been lost after receipt of goods and no definite contravention of Rule 57GG was established, penal action was held unjustified. The penalty was accordingly set aside. Case-Laws Central Excise Mon, 05 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96308