https://www.taxtmi.com/caselaws?id=97842 The dispute centered on the admissibility of Modvat credit for invoices lacking printed serial numbers under Rule 52A(6) and Rule 57G. The Asst. Commissioner disallowed the credit, imposing a penalty for non-compliance. The Commissioner (Appeals) upheld this decision, emphasizing the statutory requirement of printed serial numbers. Despite arguments for leniency, citing precedent and case law, the necessity of adherence to prescribed rules for duty payment evidence prevailed. The conflicting interpretations led to the matter being referred to a Larger Bench for resolution on whether invoices without printed serial numbers can qualify for Modvat credit. en-us Thu, 10 May 2001 00:00:00 +0530 Wed, 18 Jan 2012 12:55:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97842 The dispute centered on the admissibility of Modvat credit for invoices lacking printed serial numbers under Rule 52A(6) and Rule 57G. The Asst. Commissioner disallowed the credit, imposing a penalty for non-compliance. The Commissioner (Appeals) upheld this decision, emphasizing the statutory requirement of printed serial numbers. Despite arguments for leniency, citing precedent and case law, the necessity of adherence to prescribed rules for duty payment evidence prevailed. The conflicting interpretations led to the matter being referred to a Larger Bench for resolution on whether invoices without printed serial numbers can qualify for Modvat credit. Case-Laws Central Excise Thu, 10 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97842