https://www.taxtmi.com/caselaws?id=50348 The Appellate Tribunal CEGAT, Kolkata confirmed duty of Rs. 1,17,50,131.82 by disallowing Modvat Credit based on endorsed bills of entry. The appellants were denied credit except for a specific bill of entry dated 19-10-1993, where goods were endorsed from the Head Office to their working place, entitling them to a credit of Rs. 33,01,723.27. The Tribunal held that the delay in endorsement did not affect credit eligibility as goods remained under the appellants' ownership. The appeal was rejected for the remaining duty amount confirmed against the appellants. en-us Thu, 23 Nov 2000 00:00:00 +0530 Sat, 21 Aug 2010 12:21:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50348 The Appellate Tribunal CEGAT, Kolkata confirmed duty of Rs. 1,17,50,131.82 by disallowing Modvat Credit based on endorsed bills of entry. The appellants were denied credit except for a specific bill of entry dated 19-10-1993, where goods were endorsed from the Head Office to their working place, entitling them to a credit of Rs. 33,01,723.27. The Tribunal held that the delay in endorsement did not affect credit eligibility as goods remained under the appellants' ownership. The appeal was rejected for the remaining duty amount confirmed against the appellants. Case-Laws Central Excise Thu, 23 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50348