1999 (1) TMI 120

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..... it on the basis of Invoices No. 18639 of M/s. D.M.C. Ltd. and No. 1750 of M/s. H.M.C. The adjudicating authority denied the Modvat credit on the ground that the appellants could not co-relate the inputs so received with that of statutory records, maintained by them. Inasmuch as they had not maintained the statutory records i.e., RG 23A Part I register. 2. The appellants in their appeal submitted .....

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..... puts in their private records. The non-accountal of inputs in RG 23A Part I is a procedural lapse. There are a number of judgments in which it is held that Modvat credit is not deniable merely on account of procedural irregularities, when substantial compliance with requirement of law is shown. 5. I also find that adjudicating authority has not taken into consideration the private records mainta .....

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