https://www.taxtmi.com/caselaws?id=270089 Modvat credit could not be denied merely because the inter-unit transfer document was not the prescribed form where the duty-paid molasses was undisputedly received and used for the intended purpose; the governing notification required verification of compliance with its conditions, and the matter was remanded for that limited purpose. A negligible shortage of molasses, being minor in relation to the quantity handled, did not by itself justify denial of credit when substantive receipt and use of the input were established. The denial of Modvat credit was therefore set aside in principle, subject to documentary verification under the notification. en-us Tue, 02 Jun 2015 00:00:00 +0530 Mon, 28 Dec 2015 23:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270089 Modvat credit could not be denied merely because the inter-unit transfer document was not the prescribed form where the duty-paid molasses was undisputedly received and used for the intended purpose; the governing notification required verification of compliance with its conditions, and the matter was remanded for that limited purpose. A negligible shortage of molasses, being minor in relation to the quantity handled, did not by itself justify denial of credit when substantive receipt and use of the input were established. The denial of Modvat credit was therefore set aside in principle, subject to documentary verification under the notification. Case-Laws Central Excise Tue, 02 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270089