https://www.taxtmi.com/caselaws?id=103957 Modvat credit could not be denied merely because the endorsed ex-bond bill of entry and gate pass were not formally endorsed in favour of the assessee, where the goods and issuing company were otherwise identifiable and no discrepancy existed in receipt or records. The Tribunal treated the missing endorsement as a procedural defect and held that a technical lapse in duty-paying documents cannot defeat substantive credit entitlement when the transaction is genuine and the record support is otherwise complete. Credit was therefore admissible and the Revenue challenge failed. en-us Tue, 29 Jan 2002 00:00:00 +0530 Sat, 25 Feb 2012 11:50:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103957 Modvat credit could not be denied merely because the endorsed ex-bond bill of entry and gate pass were not formally endorsed in favour of the assessee, where the goods and issuing company were otherwise identifiable and no discrepancy existed in receipt or records. The Tribunal treated the missing endorsement as a procedural defect and held that a technical lapse in duty-paying documents cannot defeat substantive credit entitlement when the transaction is genuine and the record support is otherwise complete. Credit was therefore admissible and the Revenue challenge failed. Case-Laws Central Excise Tue, 29 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103957