https://www.taxtmi.com/caselaws?id=51068 Modvat credit could not be denied merely because prior permission of the Excise authorities had not been obtained where the duplicate invoice was lost after credit was taken and the loss was duly established. The appellant had taken credit on the strength of the duplicate invoice, promptly informed the department of the loss, and also lodged a police report; these facts were undisputed. The earlier requirement to prove loss to the satisfaction of the competent authority was met on the record, so denial based only on absence of prior permission was unsustainable. The issue was therefore decided in favour of the assessee. en-us Fri, 16 Nov 2001 00:00:00 +0530 Wed, 22 Sep 2010 15:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51068 Modvat credit could not be denied merely because prior permission of the Excise authorities had not been obtained where the duplicate invoice was lost after credit was taken and the loss was duly established. The appellant had taken credit on the strength of the duplicate invoice, promptly informed the department of the loss, and also lodged a police report; these facts were undisputed. The earlier requirement to prove loss to the satisfaction of the competent authority was met on the record, so denial based only on absence of prior permission was unsustainable. The issue was therefore decided in favour of the assessee. Case-Laws Central Excise Fri, 16 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51068