https://www.taxtmi.com/caselaws?id=4269 Transitional Cenvat credit for textile manufacturers was admissible on inputs in stock, in process, or contained in finished goods where the assessee furnished the required stock declaration and documentary proof of duty payment. Depot invoices were treated as manufacturer invoices because the depots functioned as extensions of the manufacturers, and the invoices, read with factory invoices and manufacturer certificates, established transfer and duty-paid nature of the goods. Minor defects in the documents were curable and could not justify denial of credit without first seeking rectification. The disallowance of credit and the penalty were therefore unsustainable. en-us Fri, 14 Dec 2007 00:00:00 +0530 Mon, 23 Jun 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4269 Transitional Cenvat credit for textile manufacturers was admissible on inputs in stock, in process, or contained in finished goods where the assessee furnished the required stock declaration and documentary proof of duty payment. Depot invoices were treated as manufacturer invoices because the depots functioned as extensions of the manufacturers, and the invoices, read with factory invoices and manufacturer certificates, established transfer and duty-paid nature of the goods. Minor defects in the documents were curable and could not justify denial of credit without first seeking rectification. The disallowance of credit and the penalty were therefore unsustainable. Case-Laws Central Excise Fri, 14 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4269