https://www.taxtmi.com/caselaws?id=116889 The Appellate Tribunal CESTAT, New Delhi, allowed the appeal and set aside the disallowance of Modvat credit amounting to Rs. 6,35,791/- for a furnace oil quantity discrepancy faced by the appellant. The Tribunal found that the discrepancy arose due to temperature changes affecting specific gravity, leading to variations in quantity during transport. The appellant's method of weighing tankers before and after unloading aligned with the quantity dispatched by Indian Oil Corporation (IOC), enabling the full Modvat credit claim. The Tribunal ruled in favor of the appellant, emphasizing that the discrepancy noted by the stores department did not justify withholding the credit. en-us Tue, 20 Dec 2005 00:00:00 +0530 Mon, 18 Jun 2012 15:50:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116889 The Appellate Tribunal CESTAT, New Delhi, allowed the appeal and set aside the disallowance of Modvat credit amounting to Rs. 6,35,791/- for a furnace oil quantity discrepancy faced by the appellant. The Tribunal found that the discrepancy arose due to temperature changes affecting specific gravity, leading to variations in quantity during transport. The appellant's method of weighing tankers before and after unloading aligned with the quantity dispatched by Indian Oil Corporation (IOC), enabling the full Modvat credit claim. The Tribunal ruled in favor of the appellant, emphasizing that the discrepancy noted by the stores department did not justify withholding the credit. Case-Laws Central Excise Tue, 20 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116889