https://www.taxtmi.com/caselaws?id=289258 Modvat credit could not be denied merely because stock transfers between sister units were made by advice note and book adjustment rather than by a sales invoice. The scheme was treated as a beneficial fiscal measure meant to prevent cascading duty, and the Rule 57G documentation requirement was read as evidence that goods moved and duty had been paid on inputs. Applying the definition of sale under Section 2(h) of the Central Excises and Salt Act, 1944, the transfer could satisfy the statutory test in a multi-unit manufacturing arrangement. The appellants were therefore found to have a prima facie case, and the demand could not stand without examining the nature of the transfer. en-us Tue, 02 Sep 1997 00:00:00 +0530 Wed, 22 Jul 2020 18:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289258 Modvat credit could not be denied merely because stock transfers between sister units were made by advice note and book adjustment rather than by a sales invoice. The scheme was treated as a beneficial fiscal measure meant to prevent cascading duty, and the Rule 57G documentation requirement was read as evidence that goods moved and duty had been paid on inputs. Applying the definition of sale under Section 2(h) of the Central Excises and Salt Act, 1944, the transfer could satisfy the statutory test in a multi-unit manufacturing arrangement. The appellants were therefore found to have a prima facie case, and the demand could not stand without examining the nature of the transfer. Case-Laws Central Excise Tue, 02 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289258