https://www.taxtmi.com/caselaws?id=121319 Modvat/Cenvat credit was admissible on imported inputs short received in the factory where the shortage in bulk liquid cargo was negligible and attributable to inherent measurement variation, including permissible error recognised under the Standards of Weights and Measures (Packed Commodities) Rules, 1977. The Tribunal also relied on earlier and later accepted decisions in the assessee's own case to hold that credit could not be denied merely because the received quantity was less than the import documents. Once credit was allowed, the related demand for interest and penalty also failed. en-us Mon, 02 Apr 2007 00:00:00 +0530 Sat, 28 Jul 2012 12:52:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121319 Modvat/Cenvat credit was admissible on imported inputs short received in the factory where the shortage in bulk liquid cargo was negligible and attributable to inherent measurement variation, including permissible error recognised under the Standards of Weights and Measures (Packed Commodities) Rules, 1977. The Tribunal also relied on earlier and later accepted decisions in the assessee's own case to hold that credit could not be denied merely because the received quantity was less than the import documents. Once credit was allowed, the related demand for interest and penalty also failed. Case-Laws Central Excise Mon, 02 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121319