https://www.taxtmi.com/caselaws?id=117422 Modvat credit was considered unavailable only where invalid invoices or irregular documents reflect culpable conduct; on these facts, duty-paid goods were received, revenue loss was not shown, and the assessee was not responsible for the supplier's documentation defects, so credit was upheld. The extended limitation period could not be invoked in the absence of suppression, wilful default, or contumacious conduct, so the demand for reversal was time-barred. For the same reasons, penalty under Rule 173Q was unwarranted because no deliberate wrongdoing by the assessee was established. en-us Mon, 06 Feb 2006 00:00:00 +0530 Fri, 22 Jun 2012 15:43:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117422 Modvat credit was considered unavailable only where invalid invoices or irregular documents reflect culpable conduct; on these facts, duty-paid goods were received, revenue loss was not shown, and the assessee was not responsible for the supplier's documentation defects, so credit was upheld. The extended limitation period could not be invoked in the absence of suppression, wilful default, or contumacious conduct, so the demand for reversal was time-barred. For the same reasons, penalty under Rule 173Q was unwarranted because no deliberate wrongdoing by the assessee was established. Case-Laws Central Excise Mon, 06 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117422