https://www.taxtmi.com/caselaws?id=122531 Deemed credit under Notification No. 58/97 was not to be denied across all invoices merely because cheque payment was short by a small adjusted amount. The shortfall was explained as an adjustment of pending dues arising from earlier returned goods, treated as a normal trade practice, and the condition of payment by account payee cheque was otherwise substantially met. Credit was therefore admissible for seven invoices, while credit for Invoice No. 1035 dated 24-1-99 was not allowed. en-us Thu, 22 Feb 2007 00:00:00 +0530 Tue, 14 Aug 2012 14:27:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122531 Deemed credit under Notification No. 58/97 was not to be denied across all invoices merely because cheque payment was short by a small adjusted amount. The shortfall was explained as an adjustment of pending dues arising from earlier returned goods, treated as a normal trade practice, and the condition of payment by account payee cheque was otherwise substantially met. Credit was therefore admissible for seven invoices, while credit for Invoice No. 1035 dated 24-1-99 was not allowed. Case-Laws Central Excise Thu, 22 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122531