https://www.taxtmi.com/caselaws?id=99212 Modvat credit could not be denied merely because the goods were not physically verified before consumption where the claim was supported by original invoices, a transporter's affidavit and the consignor's forwarding letter. The governing rule did not require prior physical verification as a precondition; entitlement had to be determined by verifying receipt of the goods and their use in manufacture on the basis of records and evidence. A trade notice could not impose an enforceable procedural condition beyond the rules, so rejection on that basis was not justified. The matter was remitted for fresh determination after such verification. en-us Tue, 21 Sep 1999 00:00:00 +0530 Wed, 25 Jan 2012 16:01:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99212 Modvat credit could not be denied merely because the goods were not physically verified before consumption where the claim was supported by original invoices, a transporter's affidavit and the consignor's forwarding letter. The governing rule did not require prior physical verification as a precondition; entitlement had to be determined by verifying receipt of the goods and their use in manufacture on the basis of records and evidence. A trade notice could not impose an enforceable procedural condition beyond the rules, so rejection on that basis was not justified. The matter was remitted for fresh determination after such verification. Case-Laws Central Excise Tue, 21 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99212