https://www.taxtmi.com/caselaws?id=33886 Modvat/Cenvat credit cannot be denied merely because the credit documents are technically imperfect when the original invoices and surrounding records show receipt and consumption of duty-paid goods in the factory. On those facts, the disputed credits were held admissible and the disallowance to that extent was set aside. Penalty for the same credit availment was also held unsustainable because the matter arose during the early regime, where trade practice confusion existed and no deliberate or intentional wrongful availment was established. The remaining unproven credits continued to be denied. en-us Fri, 29 Aug 2008 00:00:00 +0530 Sat, 20 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33886 Modvat/Cenvat credit cannot be denied merely because the credit documents are technically imperfect when the original invoices and surrounding records show receipt and consumption of duty-paid goods in the factory. On those facts, the disputed credits were held admissible and the disallowance to that extent was set aside. Penalty for the same credit availment was also held unsustainable because the matter arose during the early regime, where trade practice confusion existed and no deliberate or intentional wrongful availment was established. The remaining unproven credits continued to be denied. Case-Laws Central Excise Fri, 29 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33886