https://www.taxtmi.com/caselaws?id=80333 A demand for reversal of Modvat credit on iron and steel scrap was held barred by limitation because the show cause notice was issued beyond six months and did not allege suppression or misrepresentation. The Tribunal applied the settled view that demands under Rule 57-I for reversal of credit already taken remain subject to the limitation in Section 11A. As the proceedings were initiated and adjudicated after the statutory period, the demand could not be sustained, and the order setting it aside was upheld. en-us Wed, 07 Feb 1990 00:00:00 +0530 Thu, 16 Jun 2011 11:35:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80333 A demand for reversal of Modvat credit on iron and steel scrap was held barred by limitation because the show cause notice was issued beyond six months and did not allege suppression or misrepresentation. The Tribunal applied the settled view that demands under Rule 57-I for reversal of credit already taken remain subject to the limitation in Section 11A. As the proceedings were initiated and adjudicated after the statutory period, the demand could not be sustained, and the order setting it aside was upheld. Case-Laws Central Excise Wed, 07 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80333