2002 (10) TMI 546

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..... After dispensing with the condition of pre-deposit of duty and penalty, I take up the appeal itself with the consent of both the sides. 2. The appellant has been denied the benefit of Modvat credit for the month of May, 1997 on the ground that the invoices issued by M/s. IISCO, Burnpur in the name of M/s. IISCO, Shalimar endorsed in the appellant s favour are not valid document. Shri K.K. B .....

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..... ir favour. This is an endorsement by the inputs manufacturer himself and if the authorities are satisfied that the inputs have been received by the appellants, Modvat credit should not have been denied to them. I also note the appellants submissions that for the subsequent period, the Revenue has allowed them the Modvat credit in identical situation. I set aside the impugned order and remand the .....

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