https://www.taxtmi.com/caselaws?id=31907 Modvat credit on inputs cannot be denied to the buyer merely because the supplier's duty payment is questioned, where the original assessment of the inputs has not been varied. Credit is linked to the duty shown as paid on the inputs, and the buyer is not required to verify whether the manufacturer has correctly discharged duty. Any reduction in credit must follow a consequential finding in proceedings against the supplier that duty was not properly paid. On that basis, denial of Modvat credit was unwarranted and the Revenue's challenge failed. en-us Thu, 23 Dec 2004 00:00:00 +0530 Tue, 30 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31907 Modvat credit on inputs cannot be denied to the buyer merely because the supplier's duty payment is questioned, where the original assessment of the inputs has not been varied. Credit is linked to the duty shown as paid on the inputs, and the buyer is not required to verify whether the manufacturer has correctly discharged duty. Any reduction in credit must follow a consequential finding in proceedings against the supplier that duty was not properly paid. On that basis, denial of Modvat credit was unwarranted and the Revenue's challenge failed. Case-Laws Central Excise Thu, 23 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31907