https://www.taxtmi.com/caselaws?id=236480 Deemed MODVAT credit under Rule 57A(6) could not be denied where inputs were received directly under invoices declaring duty payment and correctly stating invoice price, because the notification's conditions were satisfied. The supplier's alleged short-payment of duty was a lapse at the seller's end and was not itself a ground to refuse credit under the prescribed scheme. The buyer's obligation was only to take all reasonable steps on the basis of the accompanying documents; it was not required to conduct independent departmental verification of actual duty payment by the supplier. On those terms, compliance with the notification entitled the assessee to credit. en-us Mon, 26 Aug 2013 00:00:00 +0530 Mon, 10 Apr 2017 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236480 Deemed MODVAT credit under Rule 57A(6) could not be denied where inputs were received directly under invoices declaring duty payment and correctly stating invoice price, because the notification's conditions were satisfied. The supplier's alleged short-payment of duty was a lapse at the seller's end and was not itself a ground to refuse credit under the prescribed scheme. The buyer's obligation was only to take all reasonable steps on the basis of the accompanying documents; it was not required to conduct independent departmental verification of actual duty payment by the supplier. On those terms, compliance with the notification entitled the assessee to credit. Case-Laws Central Excise Mon, 26 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236480