https://www.taxtmi.com/caselaws?id=117418 The Appellate Tribunal CESTAT, CHENNAI, upheld the validity of Modvat credit claimed by the respondents, amounting to Rs. 2,47,406/-, despite the original authority disallowing it due to unpaid duty mentioned on invoices from M/s. Indian Oil Corporation Ltd. The Tribunal emphasized that as long as the receipt of goods under invoices with duty payment particulars is not disputed, Modvat credit cannot be denied. Given the lack of dispute regarding receipt of inputs under the mentioned invoices, the Tribunal dismissed the Revenue's appeal, affirming the correctness of the learned Commissioner (Appeals)' decision. en-us Fri, 03 Feb 2006 00:00:00 +0530 Fri, 22 Jun 2012 15:30:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117418 The Appellate Tribunal CESTAT, CHENNAI, upheld the validity of Modvat credit claimed by the respondents, amounting to Rs. 2,47,406/-, despite the original authority disallowing it due to unpaid duty mentioned on invoices from M/s. Indian Oil Corporation Ltd. The Tribunal emphasized that as long as the receipt of goods under invoices with duty payment particulars is not disputed, Modvat credit cannot be denied. Given the lack of dispute regarding receipt of inputs under the mentioned invoices, the Tribunal dismissed the Revenue's appeal, affirming the correctness of the learned Commissioner (Appeals)' decision. Case-Laws Central Excise Fri, 03 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117418