https://www.taxtmi.com/caselaws?id=53106 Invoices issued for stock transfers or book-adjusted movements to a job worker may satisfy the statutory concept of sale for Modvat credit purposes where the goods are cleared under proper invoices showing duty particulars and related details. The absence of a conventional cash sale or direct monetary consideration does not by itself defeat credit eligibility if the transfer is supported by the prescribed documentation and aligns with earlier accepted practice. On that basis, such transfers were treated as sales within Section 2(h) of the Central Excise Act, 1944, and Modvat credit was available. en-us Tue, 31 Aug 2004 00:00:00 +0530 Mon, 11 Oct 2010 10:03:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53106 Invoices issued for stock transfers or book-adjusted movements to a job worker may satisfy the statutory concept of sale for Modvat credit purposes where the goods are cleared under proper invoices showing duty particulars and related details. The absence of a conventional cash sale or direct monetary consideration does not by itself defeat credit eligibility if the transfer is supported by the prescribed documentation and aligns with earlier accepted practice. On that basis, such transfers were treated as sales within Section 2(h) of the Central Excise Act, 1944, and Modvat credit was available. Case-Laws Central Excise Tue, 31 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53106