https://www.taxtmi.com/caselaws?id=114138 The Tribunal upheld the Commissioner (Appeals) decision to allow Modvat credit on GP sheets to the respondents, dismissing Revenue's appeals for lack of merit. Allegations of non-utilization and clandestine disposal of goods were not proven, with no evidence that GP sheets were not used in manufacturing OE parts. Lack of expert opinion or evidence against using GP sheets for OE parts, coupled with regular submission of invoices, supported the decision. The extended period of limitation was not applicable due to insufficient evidence of material facts suppression by respondents. en-us Wed, 29 Sep 2004 00:00:00 +0530 Fri, 11 May 2012 15:39:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114138 The Tribunal upheld the Commissioner (Appeals) decision to allow Modvat credit on GP sheets to the respondents, dismissing Revenue's appeals for lack of merit. Allegations of non-utilization and clandestine disposal of goods were not proven, with no evidence that GP sheets were not used in manufacturing OE parts. Lack of expert opinion or evidence against using GP sheets for OE parts, coupled with regular submission of invoices, supported the decision. The extended period of limitation was not applicable due to insufficient evidence of material facts suppression by respondents. Case-Laws Central Excise Wed, 29 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114138