TMI Blog2007 (10) TMI 183X X X X Extracts X X X X X X X X Extracts X X X X ..... ticular is also wrong so credit allowed in that concern – in respect of invoice Nos. 41 and 42, description of the goods varied so credit is not allowed in this concern – appeal partly allowed - E/284/2007 - A/1523/2007-WZB/C-IV/(SMB), - Dated:- 24-10-2007 - Ms. Jyoti Balasundaram, Vice-President [Order].- 1. Modvat credit of Rs. 4,37,958.76 has been disallowed to the appellants wh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rs issuing the invoices for the reason that the requirement of registration was introduced only on 4th July, 1994. Credit taken on invoices issued in July and August, 1994 also cannot be denied for the reason that the time for obtaining registration by dealers was extended upto 31 st December,1994. As regards the invoices not containing all the requisite particulars, I have perused the invoices a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is remanded for fresh consideration in accordance with law after extending a reasonable opportunity to the assessees of being heard in their defence. 4. In the result, I hold that credit cannot be denied on the ground of non-registration of dealers and on the ground that the invoices, on the basis of which credit was taken, did not contain requisite particulars as prescribed in Notific ..... X X X X Extracts X X X X X X X X Extracts X X X X
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