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2017 (1) TMI 1174 - AT - Central ExciseMODVAT Credit - endorsed duty paying documents - whether the procedure of endorsement can be the basis for denial of credit and whether credit is admissible to the Appellant after 01.09.1996 on the basis of endorsed invoices? - It is the case of the Revenue that endorsed invoices are not a valid document for taking credit as per the documents prescribed under Rule 57G(3) of the Central Excise Rules, 1944. Held that: - the issue is no more res integra in view of the decision of the larger Bench of the Tribunal in Balmer Lawrie v. CCE [2000 (1) TMI 74 - CEGAT, NEW DELHI] where it was held that after 01.04.1994, endorsed invoices were not valid documents for the purpose of MODVAT Credit - denial of CENVAT Credit upheld - penalty set aside - appeal disposed off - decided partly in favor of assessee.
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