https://www.taxtmi.com/caselaws?id=122345 The appeal challenged the denial of Modvat credit on capital goods due to the absence of a proper duty paying document. The court found that the bill of entry submitted by the appellant, though lacking certain formalities, was generated by the Electronic Data Interchange System and deemed genuine. As per Rule 57G(3), credit under a duplicate bill of entry from the system was permissible. Consequently, the court allowed the appeal, overturning the decision to deny Modvat credit, duty recovery, and penalty imposition. en-us Tue, 17 Jul 2007 00:00:00 +0530 Mon, 13 Aug 2012 10:57:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122345 The appeal challenged the denial of Modvat credit on capital goods due to the absence of a proper duty paying document. The court found that the bill of entry submitted by the appellant, though lacking certain formalities, was generated by the Electronic Data Interchange System and deemed genuine. As per Rule 57G(3), credit under a duplicate bill of entry from the system was permissible. Consequently, the court allowed the appeal, overturning the decision to deny Modvat credit, duty recovery, and penalty imposition. Case-Laws Central Excise Tue, 17 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122345