https://www.taxtmi.com/caselaws?id=105640 Modvat credit could not be denied where invoices described the supplier as a first stage dealer instead of a second stage dealer, because the invoices were pre-authenticated and the misdescription was later cured by the supplier's certificate. The inputs were duty paid, received in the factory, and used in manufacture, so the defect was only technical and did not affect substantive eligibility. Credit was therefore admissible, and the penalty was unsustainable. en-us Tue, 19 Feb 2002 00:00:00 +0530 Tue, 06 Mar 2012 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105640 Modvat credit could not be denied where invoices described the supplier as a first stage dealer instead of a second stage dealer, because the invoices were pre-authenticated and the misdescription was later cured by the supplier's certificate. The inputs were duty paid, received in the factory, and used in manufacture, so the defect was only technical and did not affect substantive eligibility. Credit was therefore admissible, and the penalty was unsustainable. Case-Laws Central Excise Tue, 19 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105640