1998 (10) TMI 138 - AT - Central Excise

Summary

The appeal by M/s. Derby Textiles Ltd. regarding Modvat credit was rejected as the invoices did not have pre-authenticated printed serial numbers, which is a mandatory requirement under the Central Excise Rules. Rubber-stamped serial numbers did not meet the legal requirement of printing a running serial number for the whole financial year. The decision of the Commissioner of Central Excise (Appeals) was upheld, and the appeal was rejected.