https://www.taxtmi.com/caselaws?id=257238 Modvat credit was treated as admissible where the goods had admittedly reached the factory, the credit was supported by records, and the only defect was non-endorsement of the original Bill of Entry with issuance of fresh invoices. That lapse was regarded as procedural rather than substantive, so denial of credit was not justified on merits. The demand also failed on limitation because the show cause notice was issued beyond the normal period and no valid basis for invoking the extended period was shown, especially since the credit had been disclosed in the periodical return. The impugned order was therefore set aside with consequential relief. en-us Wed, 17 Sep 2014 00:00:00 +0530 Tue, 12 May 2015 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257238 Modvat credit was treated as admissible where the goods had admittedly reached the factory, the credit was supported by records, and the only defect was non-endorsement of the original Bill of Entry with issuance of fresh invoices. That lapse was regarded as procedural rather than substantive, so denial of credit was not justified on merits. The demand also failed on limitation because the show cause notice was issued beyond the normal period and no valid basis for invoking the extended period was shown, especially since the credit had been disclosed in the periodical return. The impugned order was therefore set aside with consequential relief. Case-Laws Central Excise Wed, 17 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257238