https://www.taxtmi.com/caselaws?id=108239 Modvat credit should not be denied where the declaration under Rule 57G substantially identifies the inputs and only minor descriptive discrepancies exist. A variation in barrel size or lubrizol grade did not change the essential identity of the inputs or show any substantive disqualification from credit. The principle reflected in the Board's circular and Tribunal decisions is that technical or procedural lapses, by themselves, do not justify rejection of otherwise valid credit entitlement. On that basis, the credit claim was treated as admissible despite the minor differences in description. en-us Thu, 01 Aug 2002 00:00:00 +0530 Fri, 30 Mar 2012 15:52:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108239 Modvat credit should not be denied where the declaration under Rule 57G substantially identifies the inputs and only minor descriptive discrepancies exist. A variation in barrel size or lubrizol grade did not change the essential identity of the inputs or show any substantive disqualification from credit. The principle reflected in the Board's circular and Tribunal decisions is that technical or procedural lapses, by themselves, do not justify rejection of otherwise valid credit entitlement. On that basis, the credit claim was treated as admissible despite the minor differences in description. Case-Laws Central Excise Thu, 01 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108239