Court Rules Against Denial of MODVAT Credit; Emphasizes Evaluating All Evidence, Not Isolated Documents, for Credit Eligibility.

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....MODVAT credit - indifference in the description of goods in the subject invoices - Eventually when the documents placed on record themselves point out that all types of scrap were utilised by the assessee, then, one cannot just pick and choose any statement or single out a document to deny the Modvat Credit - HC....