https://www.taxtmi.com/caselaws?id=243679 The tribunal partially allowed the appeal, remanding the matter for verification of the Modvat credit claim of Rs.35,68,324. It emphasized the importance of verifying evidence for the claim and ensuring the appellant receives the benefit of Modvat credit where applicable. The tribunal found in favor of the appellant on issues related to denial of Modvat credit for a diesel engine, disallowance of credit due to submitting a photocopy of the bill of entry, and recording of input credit within the specified timeframe. The penalty levy was deemed unjustified and waived due to the appellant's success in denying credit. en-us Wed, 18 Dec 2013 00:00:00 +0530 Mon, 25 May 2015 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243679 The tribunal partially allowed the appeal, remanding the matter for verification of the Modvat credit claim of Rs.35,68,324. It emphasized the importance of verifying evidence for the claim and ensuring the appellant receives the benefit of Modvat credit where applicable. The tribunal found in favor of the appellant on issues related to denial of Modvat credit for a diesel engine, disallowance of credit due to submitting a photocopy of the bill of entry, and recording of input credit within the specified timeframe. The penalty levy was deemed unjustified and waived due to the appellant's success in denying credit. Case-Laws Central Excise Wed, 18 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243679