https://www.taxtmi.com/caselaws?id=108397 The Tribunal ruled in favor of the appellants, allowing their appeal regarding the eligibility of Modvat credit on lubricating oils purchased from a Public Sector Undertaking not registered under specific Central Excise Rules. The Tribunal found that the Public Sector Undertaking had followed the necessary registration requirements and issued valid duty paid invoices, which should be accepted as proof of duty payment for Modvat credit purposes. The Tribunal emphasized that penalizing the Public Sector Undertaking for any non-compliance should not result in denying Modvat credit to the appellants who had valid documentation. The decision was pronounced on 26th December, 2002. en-us Thu, 26 Dec 2002 00:00:00 +0530 Sat, 31 Mar 2012 13:21:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108397 The Tribunal ruled in favor of the appellants, allowing their appeal regarding the eligibility of Modvat credit on lubricating oils purchased from a Public Sector Undertaking not registered under specific Central Excise Rules. The Tribunal found that the Public Sector Undertaking had followed the necessary registration requirements and issued valid duty paid invoices, which should be accepted as proof of duty payment for Modvat credit purposes. The Tribunal emphasized that penalizing the Public Sector Undertaking for any non-compliance should not result in denying Modvat credit to the appellants who had valid documentation. The decision was pronounced on 26th December, 2002. Case-Laws Central Excise Thu, 26 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108397