https://www.taxtmi.com/caselaws?id=104859 An interpolation in the RG 23C Part II entry was treated as a procedural irregularity, not a ground to deny substantive Modvat credit, where the declaration for capital goods was filed on the date of receipt, receipt of the goods was undisputed, and credit was taken after the Bill of Entry was received. The discrepancy was viewed as arising from error and ignorance in record maintenance rather than deliberate misconduct. Modvat credit was allowed, while the penalty was reduced to a token amount. en-us Wed, 15 May 2002 00:00:00 +0530 Thu, 01 Mar 2012 16:00:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104859 An interpolation in the RG 23C Part II entry was treated as a procedural irregularity, not a ground to deny substantive Modvat credit, where the declaration for capital goods was filed on the date of receipt, receipt of the goods was undisputed, and credit was taken after the Bill of Entry was received. The discrepancy was viewed as arising from error and ignorance in record maintenance rather than deliberate misconduct. Modvat credit was allowed, while the penalty was reduced to a token amount. Case-Laws Central Excise Wed, 15 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104859