https://www.taxtmi.com/caselaws?id=113342 Modvat credit was stated to be available where duty-paid inputs were actually received in the factory, even if cleared from a warehouse on endorsed ex-bond bills of entry without a high-sea sale. The form of transfer did not defeat substantive entitlement when duty had been discharged and receipt was established, and denial on this technical objection was rejected. Credit was also said to remain admissible where gate-pass goods were not physically removed from the factory, if the inputs were identifiable, accounted for in production, and moved within the same manufacturing arrangement for job-work-based manufacture. The commentary concludes that credit cannot be denied on procedural technicalities when substantive conditions are met. en-us Mon, 09 Feb 2004 00:00:00 +0530 Fri, 04 May 2012 18:31:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113342 Modvat credit was stated to be available where duty-paid inputs were actually received in the factory, even if cleared from a warehouse on endorsed ex-bond bills of entry without a high-sea sale. The form of transfer did not defeat substantive entitlement when duty had been discharged and receipt was established, and denial on this technical objection was rejected. Credit was also said to remain admissible where gate-pass goods were not physically removed from the factory, if the inputs were identifiable, accounted for in production, and moved within the same manufacturing arrangement for job-work-based manufacture. The commentary concludes that credit cannot be denied on procedural technicalities when substantive conditions are met. Case-Laws Central Excise Mon, 09 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113342