Notification benefit on reversed Modvat credit required fuller examination where export documents lacked a shipping bill reference.

Benefit under Notification No. 203/92-Cus. was questioned on the ground that Modvat credit reversal could not be linked to the exported goods because the AR4A document did not show the shipping bill number. The Tribunal noted that shipping bills and AR4 documents ordinarily correlate in export transactions, and that the appellant's claim of reversal with interest, supported by a jurisdictional excise certificate, required fuller examination. The denial of the notification benefit was therefore not sustained at that stage, and the matter was remanded for reconsideration in accordance with law.

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Issues: Whether the appellant was entitled to the benefit of Notification No. 203/92-Cus. where Modvat credit had been reversed with interest, and whether the absence of the shipping bill number in the AR4A document justified denial of the benefit.

Analysis: The reversal of Modvat credit was claimed to have been made in accordance with the Government's amnesty letter and was supported by a certificate of the jurisdictional Central Excise authority. The objection taken was that the AR4A document did not bear the shipping bill number, so the reversed credit could not be linked to the exported goods. The Tribunal held that shipping bills and AR4 documents ordinarily correlate in export transactions and that the matter required a fuller and open-minded examination of the appellant's claim.

Conclusion: The denial of the notification benefit was not sustained at this stage and the matter was sent back for reconsideration of the appellant's submission in accordance with law.

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