https://www.taxtmi.com/caselaws?id=109892 Modvat credit could not be denied merely because the invoice was issued by a consignment agent where the Board circular recognised such agents as authorised to issue modvatable invoices for the relevant period. The circular also required verification of the genuineness of the invoices and the duty-paid character of the inputs by the Assistant Commissioner. Because the lower authorities denied credit without applying the circular and without the prescribed verification, the denial was not sustainable. The dispute was therefore remitted for fresh decision in accordance with the circular, after verification and hearing. en-us Fri, 20 Jun 2003 00:00:00 +0530 Thu, 12 Apr 2012 16:42:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109892 Modvat credit could not be denied merely because the invoice was issued by a consignment agent where the Board circular recognised such agents as authorised to issue modvatable invoices for the relevant period. The circular also required verification of the genuineness of the invoices and the duty-paid character of the inputs by the Assistant Commissioner. Because the lower authorities denied credit without applying the circular and without the prescribed verification, the denial was not sustainable. The dispute was therefore remitted for fresh decision in accordance with the circular, after verification and hearing. Case-Laws Central Excise Fri, 20 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109892