https://www.taxtmi.com/caselaws?id=54465 Modvat credit was treated as admissible where invoices or bills of entry showed the head office address but evidence established receipt of goods in the factory and endorsed invoices supported the transaction. Ion Exchange Resin used for demineralisation in manufacture was recognised as an eligible input. Credit could not be refused merely because invoices lacked pre-printed serial numbers when the prescribed particulars were otherwise present. The Lubricating System and parts of Conveyor Roller Chain were also accepted as capital goods. The disallowance of credit and the penalty were set aside because the statutory requirements were substantially complied with and the items were shown to be used in or in relation to manufacture. en-us Mon, 13 Jun 2005 00:00:00 +0530 Wed, 20 Oct 2010 11:34:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54465 Modvat credit was treated as admissible where invoices or bills of entry showed the head office address but evidence established receipt of goods in the factory and endorsed invoices supported the transaction. Ion Exchange Resin used for demineralisation in manufacture was recognised as an eligible input. Credit could not be refused merely because invoices lacked pre-printed serial numbers when the prescribed particulars were otherwise present. The Lubricating System and parts of Conveyor Roller Chain were also accepted as capital goods. The disallowance of credit and the penalty were set aside because the statutory requirements were substantially complied with and the items were shown to be used in or in relation to manufacture. Case-Laws Central Excise Mon, 13 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54465