https://www.taxtmi.com/caselaws?id=246533 Modvat credit on imported HDPE granules could not be denied in full where the records showed manufacture and duty-paid clearance of HDPE bags and the department failed to prove that Indian-origin granules were used instead of the imported inputs. The unutilised balance credit, however, remained liable to denial because actual use was not proved for that portion. On the penalty issue, the partial success of the assessee on the credit dispute justified proportional reduction of penalty. The order was modified accordingly, sustaining only the balance credit denial and reducing the penalty. en-us Fri, 27 Jul 2012 00:00:00 +0530 Sun, 20 Apr 2014 16:27:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246533 Modvat credit on imported HDPE granules could not be denied in full where the records showed manufacture and duty-paid clearance of HDPE bags and the department failed to prove that Indian-origin granules were used instead of the imported inputs. The unutilised balance credit, however, remained liable to denial because actual use was not proved for that portion. On the penalty issue, the partial success of the assessee on the credit dispute justified proportional reduction of penalty. The order was modified accordingly, sustaining only the balance credit denial and reducing the penalty. Case-Laws Central Excise Fri, 27 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246533