https://www.taxtmi.com/caselaws?id=123593 Modvat credit cannot be denied where the inputs are duty-paid and received in the factory, and the only defect is a procedural omission in the dealer's invoice. The document treats the invoice irregularity as a minor technical lapse that does not defeat substantive entitlement when the essential conditions for credit are otherwise satisfied. It also states that a clarificatory Board circular on such lapses applies to pending matters, and rejects the view that it operates only prospectively. Accordingly, the circular supports allowance of credit despite the document defect. en-us Fri, 20 Jun 2008 00:00:00 +0530 Tue, 18 Sep 2012 12:15:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123593 Modvat credit cannot be denied where the inputs are duty-paid and received in the factory, and the only defect is a procedural omission in the dealer's invoice. The document treats the invoice irregularity as a minor technical lapse that does not defeat substantive entitlement when the essential conditions for credit are otherwise satisfied. It also states that a clarificatory Board circular on such lapses applies to pending matters, and rejects the view that it operates only prospectively. Accordingly, the circular supports allowance of credit despite the document defect. Case-Laws Central Excise Fri, 20 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123593