2003 (7) TMI 530 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai allowed the appeal challenging the denial of Modvat credit on original invoices due to lost duplicates. The Commissioner (Appeals) found non-compliance with FIR filing procedure, but the appellant's undertaking to indemnify the department was deemed sufficient to safeguard compliance. The appeal was allowed, and the impugned order was set aside upon filing the undertaking within two months.