https://www.taxtmi.com/caselaws?id=2155 Modvat credit on inputs received under invoice remained admissible despite a 2% transit shortage caused by evaporation loss, because transportation, handling, pumping and transfer of raw materials were treated as processes in or in relation to manufacture. The loss in transit did not justify denial of credit or reversal of any proportionate amount, and the demand for reversal was rejected. en-us Thu, 19 Apr 2007 00:00:00 +0530 Tue, 15 Apr 2008 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2155 Modvat credit on inputs received under invoice remained admissible despite a 2% transit shortage caused by evaporation loss, because transportation, handling, pumping and transfer of raw materials were treated as processes in or in relation to manufacture. The loss in transit did not justify denial of credit or reversal of any proportionate amount, and the demand for reversal was rejected. Case-Laws Central Excise Thu, 19 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2155