https://www.taxtmi.com/caselaws?id=116320 The Appellate Tribunal CESTAT, New Delhi allowed the appeals of the appellants regarding the denial of Modvat credit on capital goods and inputs. The Tribunal held that the denial of credit on inputs due to incomplete invoice details was not justified as the invoices contained full particulars regarding duty payment. Additionally, the appellants were granted Modvat credit on capital goods, including machines for die blocks, dies, wire, and cables, essential for their manufacturing process. The impugned order was set aside, emphasizing the importance of proper invoice details and recognizing the significance of capital goods and inputs in claiming Modvat credit. en-us Thu, 26 May 2005 00:00:00 +0530 Mon, 11 Jun 2012 13:57:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116320 The Appellate Tribunal CESTAT, New Delhi allowed the appeals of the appellants regarding the denial of Modvat credit on capital goods and inputs. The Tribunal held that the denial of credit on inputs due to incomplete invoice details was not justified as the invoices contained full particulars regarding duty payment. Additionally, the appellants were granted Modvat credit on capital goods, including machines for die blocks, dies, wire, and cables, essential for their manufacturing process. The impugned order was set aside, emphasizing the importance of proper invoice details and recognizing the significance of capital goods and inputs in claiming Modvat credit. Case-Laws Central Excise Thu, 26 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116320