https://www.taxtmi.com/caselaws?id=114114 The appeals were allowed as the adjudication order denying Modvat credit to the appellants was deemed unjustified. The dispute centered on alleged excess consumption of costly inputs to claim higher credit, resulting in a demand of Rs. 52,00,000 and penalties. The authority's reliance on discrepancies in input consumption without concrete evidence of non-receipt or non-usage was found insufficient. Discrepancies between private and statutory records raised doubts, leading to the rejection of credit based on best judgment. The limited applicability of the stock register for only five months further undermined the authority's decision, resulting in the demand being set aside. en-us Thu, 02 Sep 2004 00:00:00 +0530 Fri, 11 May 2012 13:12:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114114 The appeals were allowed as the adjudication order denying Modvat credit to the appellants was deemed unjustified. The dispute centered on alleged excess consumption of costly inputs to claim higher credit, resulting in a demand of Rs. 52,00,000 and penalties. The authority's reliance on discrepancies in input consumption without concrete evidence of non-receipt or non-usage was found insufficient. Discrepancies between private and statutory records raised doubts, leading to the rejection of credit based on best judgment. The limited applicability of the stock register for only five months further undermined the authority's decision, resulting in the demand being set aside. Case-Laws Central Excise Thu, 02 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114114