https://www.taxtmi.com/caselaws?id=119367 Modvat credit should not be denied merely for technical defects in the declaration or minor variations in description and chapter heading where the inputs are substantively identifiable, duty-paid, and actually used in manufacture. The Tribunal accepted that procedural lapses alone cannot defeat credit when the substantive requirements are met and relied on cited precedents and the CBEC circular supporting that approach. On the record before it, the denial of credit was not justified, and the matter was remanded to the adjudicating authority for fresh consideration and a speaking order after examining the relevant decisions. en-us Fri, 23 Dec 2005 00:00:00 +0530 Tue, 10 Jul 2012 16:53:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119367 Modvat credit should not be denied merely for technical defects in the declaration or minor variations in description and chapter heading where the inputs are substantively identifiable, duty-paid, and actually used in manufacture. The Tribunal accepted that procedural lapses alone cannot defeat credit when the substantive requirements are met and relied on cited precedents and the CBEC circular supporting that approach. On the record before it, the denial of credit was not justified, and the matter was remanded to the adjudicating authority for fresh consideration and a speaking order after examining the relevant decisions. Case-Laws Central Excise Fri, 23 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119367