https://www.taxtmi.com/caselaws?id=2195 Modvat credit cannot be denied by re-classifying goods at the recipient stage when the supplier's invoice classification remains undisputed. Goods purchased for factory use were shown in the supplier's invoices under headings treated as eligible for capital goods credit, and the denial rested on treating them as parts of an air-conditioning plant under Section XVI note-based reasoning. The Tribunal held that, once the supplier's classification was not challenged, the same goods could not be re-characterised at the recipient end to refuse credit. The assessee's appeal succeeded and the Revenue's challenge failed, with consequential relief granted. en-us Thu, 28 Jun 2007 00:00:00 +0530 Tue, 15 Apr 2008 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2195 Modvat credit cannot be denied by re-classifying goods at the recipient stage when the supplier's invoice classification remains undisputed. Goods purchased for factory use were shown in the supplier's invoices under headings treated as eligible for capital goods credit, and the denial rested on treating them as parts of an air-conditioning plant under Section XVI note-based reasoning. The Tribunal held that, once the supplier's classification was not challenged, the same goods could not be re-characterised at the recipient end to refuse credit. The assessee's appeal succeeded and the Revenue's challenge failed, with consequential relief granted. Case-Laws Central Excise Thu, 28 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2195