https://www.taxtmi.com/caselaws?id=113432 The Appellate Tribunal CESTAT, New Delhi allowed the appeal regarding the denial of Modvat credit on disputed invoices. The Tribunal found that despite procedural discrepancies in the invoices, the duty paid nature of the goods and their utilization in manufacturing final products were undisputed. As there was no evidence of the Department disputing the receipt or duty payment status of the inputs, the appellants were not penalized for the supplier's inaccuracies in invoice preparation. The Commissioner (Appeals) order was set aside, and the appeal was allowed, emphasizing the importance of focusing on substantive aspects of transactions for Modvat credit eligibility. en-us Thu, 15 Apr 2004 00:00:00 +0530 Sat, 05 May 2012 12:46:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113432 The Appellate Tribunal CESTAT, New Delhi allowed the appeal regarding the denial of Modvat credit on disputed invoices. The Tribunal found that despite procedural discrepancies in the invoices, the duty paid nature of the goods and their utilization in manufacturing final products were undisputed. As there was no evidence of the Department disputing the receipt or duty payment status of the inputs, the appellants were not penalized for the supplier's inaccuracies in invoice preparation. The Commissioner (Appeals) order was set aside, and the appeal was allowed, emphasizing the importance of focusing on substantive aspects of transactions for Modvat credit eligibility. Case-Laws Central Excise Thu, 15 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113432