https://www.taxtmi.com/caselaws?id=126190 Modvat credit could not be denied where duty-paid items were admittedly received and used for the intended purpose, and the only objection was a discrepancy between invoice descriptions and the Rule 57T declaration; the misdescription was held insufficient to defeat credit. Plates, angles and channels used as structural components in making parts of a sintering machine were also treated as integral to the machinery and eligible as capital goods, so credit was admissible. The denial of Modvat credit on both sets of items was therefore unsustainable. en-us Wed, 29 Apr 2009 00:00:00 +0530 Sat, 03 Nov 2012 11:24:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126190 Modvat credit could not be denied where duty-paid items were admittedly received and used for the intended purpose, and the only objection was a discrepancy between invoice descriptions and the Rule 57T declaration; the misdescription was held insufficient to defeat credit. Plates, angles and channels used as structural components in making parts of a sintering machine were also treated as integral to the machinery and eligible as capital goods, so credit was admissible. The denial of Modvat credit on both sets of items was therefore unsustainable. Case-Laws Central Excise Wed, 29 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126190