1999 (9) TMI 676 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the appeal by remanding the matter to the original authority for verification of goods and granting Modvat credit on lost invoices. The Assistant Commissioner's rejection was overturned as prior physical verification of goods was not a condition precedent. The appellants will have the opportunity to satisfy the Assistant Commissioner regarding receipt and use of goods.