https://www.taxtmi.com/caselaws?id=105403 Credit on imported grinding wheels was treated as admissible input credit, following earlier Tribunal rulings recognising such goods as eligible inputs. The Tribunal also held that credit could not be denied merely because the bill of entry described the registered office as recipient, where the goods were in fact used in the factory. Relying on Board Circular No. 211/45/96-CX dated 14-5-1996, it accepted that such a technical mismatch does not justify disallowance when the substantive use condition is satisfied. The order allowing credit was therefore upheld and the Revenue's challenge failed. en-us Mon, 29 Oct 2001 00:00:00 +0530 Mon, 05 Mar 2012 15:57:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105403 Credit on imported grinding wheels was treated as admissible input credit, following earlier Tribunal rulings recognising such goods as eligible inputs. The Tribunal also held that credit could not be denied merely because the bill of entry described the registered office as recipient, where the goods were in fact used in the factory. Relying on Board Circular No. 211/45/96-CX dated 14-5-1996, it accepted that such a technical mismatch does not justify disallowance when the substantive use condition is satisfied. The order allowing credit was therefore upheld and the Revenue's challenge failed. Case-Laws Central Excise Mon, 29 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105403