https://www.taxtmi.com/caselaws?id=98387 Modvat credit remains admissible where duty-paid inputs are evidenced by depot invoices, corresponding gate passes and transport records, with no dispute over receipt of goods or payment of duty. Technical documentation objections arising during the transition to invoice-based procedures do not establish substantive ineligibility. The extended limitation period cannot apply where departmental knowledge of depot operations and records exists and no suppression, deliberate evasion, or specific omission is established. As the credit denial and demand fail, no basis remains for personal penalty. The credit disallowance, time-barred demand and penalty were set aside with consequential relief. en-us Thu, 09 Nov 2000 00:00:00 +0530 Fri, 20 Jan 2012 13:28:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98387 Modvat credit remains admissible where duty-paid inputs are evidenced by depot invoices, corresponding gate passes and transport records, with no dispute over receipt of goods or payment of duty. Technical documentation objections arising during the transition to invoice-based procedures do not establish substantive ineligibility. The extended limitation period cannot apply where departmental knowledge of depot operations and records exists and no suppression, deliberate evasion, or specific omission is established. As the credit denial and demand fail, no basis remains for personal penalty. The credit disallowance, time-barred demand and penalty were set aside with consequential relief. Case-Laws Central Excise Thu, 09 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98387