https://www.taxtmi.com/caselaws?id=120881 Modvat credit on escalation invoices for capital goods could not be denied where the same goods had already been received under original invoices and credit had been allowed on that receipt. The later invoices reflected only a price escalation for the same capital goods and did not change their character or affect the admissibility of credit already recognised. On that basis, denial of credit on the escalation invoices was not justified, and the disallowance was set aside. en-us Fri, 08 Dec 2006 00:00:00 +0530 Wed, 25 Jul 2012 11:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120881 Modvat credit on escalation invoices for capital goods could not be denied where the same goods had already been received under original invoices and credit had been allowed on that receipt. The later invoices reflected only a price escalation for the same capital goods and did not change their character or affect the admissibility of credit already recognised. On that basis, denial of credit on the escalation invoices was not justified, and the disallowance was set aside. Case-Laws Central Excise Fri, 08 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120881