https://www.taxtmi.com/caselaws?id=3865 Transitional CENVAT credit on inputs lying in stock was treated as available where the duty-paid nature of the inputs and the quantum of credit were not in dispute. The stock statement and supporting records were accepted as establishing the opening balance and the credit claimed. A procedural defect in the declaration could not defeat the assessee's substantive entitlement to set-off under Rule 9A of the Cenvat Credit Rules, 2002. The credit claim therefore could not be denied merely on procedural grounds. en-us Fri, 23 Nov 2007 00:00:00 +0530 Wed, 07 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3865 Transitional CENVAT credit on inputs lying in stock was treated as available where the duty-paid nature of the inputs and the quantum of credit were not in dispute. The stock statement and supporting records were accepted as establishing the opening balance and the credit claimed. A procedural defect in the declaration could not defeat the assessee's substantive entitlement to set-off under Rule 9A of the Cenvat Credit Rules, 2002. The credit claim therefore could not be denied merely on procedural grounds. Case-Laws Central Excise Fri, 23 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3865