https://www.taxtmi.com/caselaws?id=221347 Negligible loss of duty-paid inputs, explained by moisture drying, minor weighment differences and human or mechanical error, did not justify denial of Modvat/Cenvat credit where the goods had been received in the factory and credit was taken on receipt. Absence of evidence of diversion from the factory or intent to evade duty meant wilful suppression was not established, so the proposed duty, interest and penalty could not be sustained. A practical approach was required in dealing with slight input shortages arising in the course of handling or manufacture, and credit could not be refused merely on that basis. en-us Tue, 15 Jan 2013 00:00:00 +0530 Wed, 12 Apr 2017 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221347 Negligible loss of duty-paid inputs, explained by moisture drying, minor weighment differences and human or mechanical error, did not justify denial of Modvat/Cenvat credit where the goods had been received in the factory and credit was taken on receipt. Absence of evidence of diversion from the factory or intent to evade duty meant wilful suppression was not established, so the proposed duty, interest and penalty could not be sustained. A practical approach was required in dealing with slight input shortages arising in the course of handling or manufacture, and credit could not be refused merely on that basis. Case-Laws Central Excise Tue, 15 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221347