https://www.taxtmi.com/caselaws?id=203357 Minor, explainable shortage in molasses transferred between divisions of the same legal entity within the same registered premises did not justify denial of Modvat credit. The record showed no diversion of the invoiced quantity, and the loss was attributable to storage, drayage and handling or transit loss. Because molasses is susceptible to moisture and natural weight variation, small in-factory losses were treated as normal where receipt and use of the goods were established. The order denying credit was set aside, and consequential relief followed. en-us Wed, 01 Dec 2010 00:00:00 +0530 Wed, 05 Jun 2013 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203357 Minor, explainable shortage in molasses transferred between divisions of the same legal entity within the same registered premises did not justify denial of Modvat credit. The record showed no diversion of the invoiced quantity, and the loss was attributable to storage, drayage and handling or transit loss. Because molasses is susceptible to moisture and natural weight variation, small in-factory losses were treated as normal where receipt and use of the goods were established. The order denying credit was set aside, and consequential relief followed. Case-Laws Central Excise Wed, 01 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203357