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TMI Blog1997 (1) TMI 326X X X X Extracts X X X X X X X X Extracts X X X X ..... e appeals were allowed and Orders were pronounced in the open court. Reasoning of the same is being recorded now. 2. Modvat credit of Rs. 1,375.07 and of Rs. 755.44 was disallowed to the appellant herein and penalties of Rs. 1,000.00 and Rs. 500.00 were imposed upon them by the authorities below. The ground for denying the Modvat credit was that the same has been availed by the appellant firm on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n would cover the same. He argues that different types of bearings on different specifications were being received by them and it was not necessary to declare each type or each brand or trade name of the bearings. 4. As regards the second ground for denial of Modvat credit, he contends that the invoices were issued by their Head Office Godown which was subsequently got registered by them. The no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7. As regards the non-registration of the godown, I find that the same, is, in fact, the godown of the appellants own Head Office. In any case, the same was subsequently got registered by them. Non-authentication of the invoices is also not such a serious lapse so as to deny the benefit of Modvat credit. Taking all the facts and circumstances of the case, the appeal was allowed with consequential ..... X X X X Extracts X X X X X X X X Extracts X X X X
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