https://www.taxtmi.com/caselaws?id=118689 Modvat credit cannot be denied on a technical defect in the Bill of Entry where duty-paid inputs are received in the factory and the substantive conditions for credit are otherwise satisfied. Board circulars supported allowing credit when the Bill of Entry stood in the name of the head office or registered office, and the record showed no dispute about the duty-paid character of the inputs or their receipt in the appellant's factory. On that basis, the objection that the full quantity had not been transferred was treated as insufficient to defeat credit, and the disallowance and penalty were unsustainable. en-us Wed, 24 Nov 2004 00:00:00 +0530 Thu, 05 Jul 2012 11:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118689 Modvat credit cannot be denied on a technical defect in the Bill of Entry where duty-paid inputs are received in the factory and the substantive conditions for credit are otherwise satisfied. Board circulars supported allowing credit when the Bill of Entry stood in the name of the head office or registered office, and the record showed no dispute about the duty-paid character of the inputs or their receipt in the appellant's factory. On that basis, the objection that the full quantity had not been transferred was treated as insufficient to defeat credit, and the disallowance and penalty were unsustainable. Case-Laws Central Excise Wed, 24 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118689