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2009 (1) TMI 135 - HC - Central ExciseCredit on capital goods – denial of credit on ground that purchase of goods financed by seller – assessee claim that goods are purchased by them - Assessee claim that the benefit on Modvat credit goods cannot be denied to them as they have purchased goods from MUL and MUL is a manufacturing unit and not a finance company, is acceptable - Rule 57R(3) of CER is not applicable - credit cannot be denied merely on the ground that a particular procedure was not followed - receipt of the goods is not under challenge so there is no occasion of denial of credit
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