https://www.taxtmi.com/caselaws?id=105312 Modvat credit is not to be denied merely because C.R. Coils and C.R. Coil Ends were described differently in trade nomenclature, where the declaration and invoices substantially matched the goods and their classification. Credit remains admissible in such cases of minor descriptive variation. By contrast, credit is unavailable where the declaration refers to different goods under a different tariff heading, as with Pig Iron compared with Runner/Pig Iron Scrap, because both the description and classification must correspond to the inputs actually received. The stated principle is that substantial identity and correct classification support credit, but a mismatch in both description and classification defeats it. en-us Thu, 13 Sep 2001 00:00:00 +0530 Mon, 05 Mar 2012 12:15:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105312 Modvat credit is not to be denied merely because C.R. Coils and C.R. Coil Ends were described differently in trade nomenclature, where the declaration and invoices substantially matched the goods and their classification. Credit remains admissible in such cases of minor descriptive variation. By contrast, credit is unavailable where the declaration refers to different goods under a different tariff heading, as with Pig Iron compared with Runner/Pig Iron Scrap, because both the description and classification must correspond to the inputs actually received. The stated principle is that substantial identity and correct classification support credit, but a mismatch in both description and classification defeats it. Case-Laws Central Excise Thu, 13 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105312