https://www.taxtmi.com/caselaws?id=112721 The Tribunal allowed the appeal by M/s. Cochin Refineries Ltd. in a Modvat claim dispute of Rs. 2.4 crores. Despite the loss of original duty paying documents in a flood, the appellant provided certified copies and justification for taking credit against them. The Tribunal accepted the evidence of duty payment and installation of capital goods, overturning the denial of credit by the Central Excise authorities. The delay in claiming credit post-installation was deemed permissible, consistent with legal requirements. The Tribunal's decision aligned with a previous ruling supporting the appellants' position, granting them the Modvat credit. en-us Mon, 15 Sep 2003 00:00:00 +0530 Tue, 01 May 2012 14:58:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112721 The Tribunal allowed the appeal by M/s. Cochin Refineries Ltd. in a Modvat claim dispute of Rs. 2.4 crores. Despite the loss of original duty paying documents in a flood, the appellant provided certified copies and justification for taking credit against them. The Tribunal accepted the evidence of duty payment and installation of capital goods, overturning the denial of credit by the Central Excise authorities. The delay in claiming credit post-installation was deemed permissible, consistent with legal requirements. The Tribunal's decision aligned with a previous ruling supporting the appellants' position, granting them the Modvat credit. Case-Laws Central Excise Mon, 15 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112721