https://www.taxtmi.com/caselaws?id=114281 Modvat credit on capital goods sent abroad for repair and re-imported after repair could not be denied merely because the assessee followed an allegedly incorrect procedure under Rule 57S and reversed the credit before return. The shipping bill and bill of entry showed movement for repair and re-import, the goods were received back in the factory without dispute, and the substantive conditions for credit remained satisfied. In these circumstances, the procedural irregularity did not defeat entitlement, and denial of credit was unsustainable. en-us Wed, 03 Mar 2004 00:00:00 +0530 Mon, 14 May 2012 13:58:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114281 Modvat credit on capital goods sent abroad for repair and re-imported after repair could not be denied merely because the assessee followed an allegedly incorrect procedure under Rule 57S and reversed the credit before return. The shipping bill and bill of entry showed movement for repair and re-import, the goods were received back in the factory without dispute, and the substantive conditions for credit remained satisfied. In these circumstances, the procedural irregularity did not defeat entitlement, and denial of credit was unsustainable. Case-Laws Central Excise Wed, 03 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114281