https://www.taxtmi.com/caselaws?id=49006 Modvat credit could not be denied merely because the duty-paying document carried more than one endorsement where the inputs were otherwise shown to be duty paid and received as a full consignment. Rule 57G and the Board's circulars were read as relaxing strict documentary formalities to give effective benefit of Modvat credit, and later clarification stated that credit should not be refused on procedural grounds alone. The earlier view in S.B.S. Organics was affirmed, while Premier Induction was treated as fact-specific and not inconsistent. Credit was therefore allowable, and the reference and appeal were decided in favour of the assessee. en-us Fri, 20 Aug 2004 00:00:00 +0530 Mon, 09 Aug 2010 10:06:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49006 Modvat credit could not be denied merely because the duty-paying document carried more than one endorsement where the inputs were otherwise shown to be duty paid and received as a full consignment. Rule 57G and the Board's circulars were read as relaxing strict documentary formalities to give effective benefit of Modvat credit, and later clarification stated that credit should not be refused on procedural grounds alone. The earlier view in S.B.S. Organics was affirmed, while Premier Induction was treated as fact-specific and not inconsistent. Credit was therefore allowable, and the reference and appeal were decided in favour of the assessee. Case-Laws Central Excise Fri, 20 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49006