https://www.taxtmi.com/caselaws?id=50337 Modvat credit could not be denied where the bill of entry was endorsed by the head office to its own manufacturing division, because the division was not a separate legal entity and the consignment was received in the factory in original packed condition. The applicable Board circular allowed credit when the bill of entry stood in the name of the registered or head office and was endorsed for delivery to the manufacturing unit, and those conditions were met. The Larger Bench ruling on endorsements between independent manufacturers was held inapplicable. Credit was therefore admissible and the Revenue's objection failed. en-us Wed, 26 Jul 2000 00:00:00 +0530 Sat, 21 Aug 2010 11:46:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50337 Modvat credit could not be denied where the bill of entry was endorsed by the head office to its own manufacturing division, because the division was not a separate legal entity and the consignment was received in the factory in original packed condition. The applicable Board circular allowed credit when the bill of entry stood in the name of the registered or head office and was endorsed for delivery to the manufacturing unit, and those conditions were met. The Larger Bench ruling on endorsements between independent manufacturers was held inapplicable. Credit was therefore admissible and the Revenue's objection failed. Case-Laws Central Excise Wed, 26 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50337