https://www.taxtmi.com/caselaws?id=109228 Modvat credit on imported inputs was held admissible where the duty-paid Bill of Entry was validly endorsed for diversion to the manufacturing unit under the Customs endorsement procedure. The Tribunal applied Rule 57AE of the Central Excise Rules, 1944, together with Board circulars governing transfer of goods while in the Customs dock area, and followed its earlier view that credit cannot be denied merely because the Bill of Entry was not originally filed in the unit's name. The disallowance and penalty were set aside. en-us Mon, 13 Jan 2003 00:00:00 +0530 Fri, 06 Apr 2012 17:24:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109228 Modvat credit on imported inputs was held admissible where the duty-paid Bill of Entry was validly endorsed for diversion to the manufacturing unit under the Customs endorsement procedure. The Tribunal applied Rule 57AE of the Central Excise Rules, 1944, together with Board circulars governing transfer of goods while in the Customs dock area, and followed its earlier view that credit cannot be denied merely because the Bill of Entry was not originally filed in the unit's name. The disallowance and penalty were set aside. Case-Laws Central Excise Mon, 13 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109228