https://www.taxtmi.com/caselaws?id=51402 Modvat credit could not be denied merely on employee statements or an alleged irregularity in the source of scrap where invoices issued by registered dealers were not shown to be false. The Department had found the scrap in the stockyard but failed to verify effectively whether it was non-duty-paid or to produce corroborative evidence that the goods received differed from those covered by the documents. In these circumstances, the evidence was insufficient to sustain disallowance of credit or penalty, and consequential relief followed. en-us Fri, 03 May 2002 00:00:00 +0530 Fri, 24 Sep 2010 15:52:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51402 Modvat credit could not be denied merely on employee statements or an alleged irregularity in the source of scrap where invoices issued by registered dealers were not shown to be false. The Department had found the scrap in the stockyard but failed to verify effectively whether it was non-duty-paid or to produce corroborative evidence that the goods received differed from those covered by the documents. In these circumstances, the evidence was insufficient to sustain disallowance of credit or penalty, and consequential relief followed. Case-Laws Central Excise Fri, 03 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51402