https://www.taxtmi.com/caselaws?id=4464 Modvat credit could not be denied where the assessee bought inputs on endorsed gate passes showing an approved classification, the suppliers had been exonerated, and there was no collusion. The Court treated the assessee as having taken reasonable steps under the fourth proviso to Rule 57G(2) of the Central Excise Rules, 1944, and held that later chemical analysis could not override the regular documents once the suppliers were not found to have wilfully misstated the goods. It further noted that allowing the Department's case would indirectly reopen the suppliers' classification, already certified by the jurisdictional authorities, in the same proceeding. en-us Tue, 05 Feb 2008 00:00:00 +0530 Mon, 07 Jul 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4464 Modvat credit could not be denied where the assessee bought inputs on endorsed gate passes showing an approved classification, the suppliers had been exonerated, and there was no collusion. The Court treated the assessee as having taken reasonable steps under the fourth proviso to Rule 57G(2) of the Central Excise Rules, 1944, and held that later chemical analysis could not override the regular documents once the suppliers were not found to have wilfully misstated the goods. It further noted that allowing the Department's case would indirectly reopen the suppliers' classification, already certified by the jurisdictional authorities, in the same proceeding. Case-Laws Central Excise Tue, 05 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4464