https://www.taxtmi.com/caselaws?id=106275 The Tribunal set aside the disallowance of Modvat credit and reduced the penalty from Rs. 5.0 lacs to Rs. 3.0 lacs, finding the original penalty excessive. The appellant's argument that a clerk's error led to the invoice manipulation was considered, with the Tribunal acknowledging the receipt of inputs and duty payment. While penalties for record manipulation were recognized, the Tribunal deemed disallowing the Modvat credit too severe and modified the order accordingly, disposing of the appeal. en-us Fri, 26 Apr 2002 00:00:00 +0530 Tue, 13 Mar 2012 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106275 The Tribunal set aside the disallowance of Modvat credit and reduced the penalty from Rs. 5.0 lacs to Rs. 3.0 lacs, finding the original penalty excessive. The appellant's argument that a clerk's error led to the invoice manipulation was considered, with the Tribunal acknowledging the receipt of inputs and duty payment. While penalties for record manipulation were recognized, the Tribunal deemed disallowing the Modvat credit too severe and modified the order accordingly, disposing of the appeal. Case-Laws Central Excise Fri, 26 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106275