https://www.taxtmi.com/caselaws?id=109463 Modvat credit cannot be denied where the declaration correctly states the relevant sub-heading and broadly covers the inputs, even if the gate pass describes a specific colour. A specific colour entry in the gate pass does not take the input outside the declared class, and the supplier's code or precedent number is immaterial to eligibility. Credit also cannot be refused merely because the inputs were received before a later declaration for the final product, where an earlier declaration already existed and the inputs were used in manufacture of intermediary master batches and then bags. The denial of credit on both grounds was held unsustainable. en-us Thu, 20 Mar 2003 00:00:00 +0530 Tue, 10 Apr 2012 13:17:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109463 Modvat credit cannot be denied where the declaration correctly states the relevant sub-heading and broadly covers the inputs, even if the gate pass describes a specific colour. A specific colour entry in the gate pass does not take the input outside the declared class, and the supplier's code or precedent number is immaterial to eligibility. Credit also cannot be refused merely because the inputs were received before a later declaration for the final product, where an earlier declaration already existed and the inputs were used in manufacture of intermediary master batches and then bags. The denial of credit on both grounds was held unsustainable. Case-Laws Central Excise Thu, 20 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109463