https://www.taxtmi.com/caselaws?id=108359 Modvat credit could not be denied where the inputs were received and the duty-paid nature of the goods was undisputed, and the only objection was to technical or procedural defects in the invoices. The credit scheme required prescribed duty-paying documents and particulars, but the governing circular allowed minor lapses to be ignored when the essential conditions were satisfied. The cited Larger Bench ruling was distinguished because the duty-paying document itself was absent there, whereas valid invoices were available in this matter. The result was that procedural defects alone did not justify denial of credit. en-us Wed, 04 Dec 2002 00:00:00 +0530 Sat, 31 Mar 2012 12:31:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108359 Modvat credit could not be denied where the inputs were received and the duty-paid nature of the goods was undisputed, and the only objection was to technical or procedural defects in the invoices. The credit scheme required prescribed duty-paying documents and particulars, but the governing circular allowed minor lapses to be ignored when the essential conditions were satisfied. The cited Larger Bench ruling was distinguished because the duty-paying document itself was absent there, whereas valid invoices were available in this matter. The result was that procedural defects alone did not justify denial of credit. Case-Laws Central Excise Wed, 04 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108359