https://www.taxtmi.com/caselaws?id=96422 Modvat credit could not be denied for a minor discrepancy in the description of inputs where the declared goods and the supplier's invoices related to items falling under the same tariff heading and the inputs remained identifiable. Credit also could not be disallowed because double tension and single tension string parts were not separately declared when their constituent parts had already been disclosed in the declaration and challans. The operative principle was that a mere variation in nomenclature, without any dispute as to identity or disclosure of the relevant components, is not a valid ground to reject credit; the denial of Modvat credit was therefore unsustainable. en-us Thu, 21 Jun 2001 00:00:00 +0530 Wed, 21 Dec 2011 15:55:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96422 Modvat credit could not be denied for a minor discrepancy in the description of inputs where the declared goods and the supplier's invoices related to items falling under the same tariff heading and the inputs remained identifiable. Credit also could not be disallowed because double tension and single tension string parts were not separately declared when their constituent parts had already been disclosed in the declaration and challans. The operative principle was that a mere variation in nomenclature, without any dispute as to identity or disclosure of the relevant components, is not a valid ground to reject credit; the denial of Modvat credit was therefore unsustainable. Case-Laws Central Excise Thu, 21 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96422