https://www.taxtmi.com/caselaws?id=117898 Modvat credit under Rule 57Q was treated as admissible for fibre glass insulation and diesel storage tanks used inside the factory because both items had a functional nexus with manufacture: the insulation supported required spinning conditions and the diesel tank served the generating set essential for operations. The Tribunal also held that credit could not be denied merely for absence of a duplicate transport copy where the invoice bore a rubber stamp and there was no dispute as to the duty-paid character of the inputs, so the procedural objection was insufficient. The assessee therefore succeeded on both the goods-based and invoice-based credit claims. en-us Fri, 13 Jan 2006 00:00:00 +0530 Wed, 27 Jun 2012 12:30:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117898 Modvat credit under Rule 57Q was treated as admissible for fibre glass insulation and diesel storage tanks used inside the factory because both items had a functional nexus with manufacture: the insulation supported required spinning conditions and the diesel tank served the generating set essential for operations. The Tribunal also held that credit could not be denied merely for absence of a duplicate transport copy where the invoice bore a rubber stamp and there was no dispute as to the duty-paid character of the inputs, so the procedural objection was insufficient. The assessee therefore succeeded on both the goods-based and invoice-based credit claims. Case-Laws Central Excise Fri, 13 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117898