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    <title>2005 (12) TMI 10 - CESTAT, New Delhi</title>
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    <description>The Tribunal dismissed both appeals concerning the denial of modvat credit on endorsed bills of entry. Relying on precedents such as Tata Iron &amp;amp; Steel Co. Ltd. and Marmagoa Steel Ltd. cases, the Tribunal reiterated that endorsed bills of entry do not qualify for modvat credit unless endorsed by the appellants&#039; own Head Office. The timing of endorsement and lack of transfer between entities were deemed irrelevant. The decision was based on the established legal position that modvat credit on endorsed bills of entry is impermissible.</description>
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    <pubDate>Mon, 05 Dec 2005 00:00:00 +0530</pubDate>
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      <title>2005 (12) TMI 10 - CESTAT, New Delhi</title>
      <link>https://www.taxtmi.com/caselaws?id=360</link>
      <description>The Tribunal dismissed both appeals concerning the denial of modvat credit on endorsed bills of entry. Relying on precedents such as Tata Iron &amp;amp; Steel Co. Ltd. and Marmagoa Steel Ltd. cases, the Tribunal reiterated that endorsed bills of entry do not qualify for modvat credit unless endorsed by the appellants&#039; own Head Office. The timing of endorsement and lack of transfer between entities were deemed irrelevant. The decision was based on the established legal position that modvat credit on endorsed bills of entry is impermissible.</description>
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      <pubDate>Mon, 05 Dec 2005 00:00:00 +0530</pubDate>
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