https://www.taxtmi.com/caselaws?id=158624 Modvat credit could not be denied merely because the supplier had not deposited excise duty, where the assessee received invoices and paid the invoice value; the Court treated duty payment by the supplier as presumable unless the contrary was shown, and held that the buyer need not verify the supplier's departmental records. On that basis, the assessee's credit claim on the invoiced inputs was upheld. As to the remaining disputed credit, the Tribunal had given no meaningful finding, so that part of the dispute was remanded for fresh consideration after hearing both sides. en-us Thu, 30 Sep 2010 00:00:00 +0530 Fri, 06 Jun 2025 11:27:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158624 Modvat credit could not be denied merely because the supplier had not deposited excise duty, where the assessee received invoices and paid the invoice value; the Court treated duty payment by the supplier as presumable unless the contrary was shown, and held that the buyer need not verify the supplier's departmental records. On that basis, the assessee's credit claim on the invoiced inputs was upheld. As to the remaining disputed credit, the Tribunal had given no meaningful finding, so that part of the dispute was remanded for fresh consideration after hearing both sides. Case-Laws Central Excise Thu, 30 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158624