https://www.taxtmi.com/caselaws?id=105540 Procedural lapses should not defeat Modvat credit where the assessee has substantially complied with the statutory requirements and the goods were sold in transit. The Tribunal applied the principle that substantive justice prevails over technical non-compliance and also relied on Circular No. 96/7/95-CX dated 13-2-1995, which supported allowance of credit in transit sale cases. Modvat credit was therefore not to be denied on the ground of procedural lapse, and the Department's appeal failed. en-us Wed, 28 Nov 2001 00:00:00 +0530 Tue, 06 Mar 2012 11:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105540 Procedural lapses should not defeat Modvat credit where the assessee has substantially complied with the statutory requirements and the goods were sold in transit. The Tribunal applied the principle that substantive justice prevails over technical non-compliance and also relied on Circular No. 96/7/95-CX dated 13-2-1995, which supported allowance of credit in transit sale cases. Modvat credit was therefore not to be denied on the ground of procedural lapse, and the Department's appeal failed. Case-Laws Central Excise Wed, 28 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105540