https://www.taxtmi.com/caselaws?id=115491 A bona fide classification dispute supported by Tribunal decisions did not establish misdeclaration or intent to evade duty, so interest and penalty were held not leviable. Modvat credit on eligible inputs used in duty-paid final products could not be denied merely for absence of registration or procedural lapses during the relevant period, although verification of duty-paid documents by the original authority was required before granting the benefit. The impugned order was set aside and consequential relief followed on interest, penalty, and credit. en-us Thu, 23 Jun 2005 00:00:00 +0530 Wed, 30 May 2012 11:09:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115491 A bona fide classification dispute supported by Tribunal decisions did not establish misdeclaration or intent to evade duty, so interest and penalty were held not leviable. Modvat credit on eligible inputs used in duty-paid final products could not be denied merely for absence of registration or procedural lapses during the relevant period, although verification of duty-paid documents by the original authority was required before granting the benefit. The impugned order was set aside and consequential relief followed on interest, penalty, and credit. Case-Laws Central Excise Thu, 23 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115491