https://www.taxtmi.com/caselaws?id=115173 The appellants successfully appealed the denial of Modvat credit on GP sheets used for manufacturing OE parts. It was established that the appellants purchased GP sheets from registered dealers for this purpose, with invoices submitted for verification. Lack of substantial evidence supporting the Revenue's claim, coupled with procedural lapses and precedents allowing similar credits, led to the decision in favor of the appellants. The impugned order was set aside, and the appeal was allowed, emphasizing the importance of concrete evidence and procedural compliance in tax credit disputes. en-us Thu, 13 Jan 2005 00:00:00 +0530 Thu, 24 May 2012 14:30:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115173 The appellants successfully appealed the denial of Modvat credit on GP sheets used for manufacturing OE parts. It was established that the appellants purchased GP sheets from registered dealers for this purpose, with invoices submitted for verification. Lack of substantial evidence supporting the Revenue's claim, coupled with procedural lapses and precedents allowing similar credits, led to the decision in favor of the appellants. The impugned order was set aside, and the appeal was allowed, emphasizing the importance of concrete evidence and procedural compliance in tax credit disputes. Case-Laws Central Excise Thu, 13 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115173