https://www.taxtmi.com/caselaws?id=81736 MODVAT credit may be available where the governing notification expressly provides credit of duty on inputs and the rule excludes denial only in limited circumstances; the commentary treats Notification No. 201/79 as more than a mere set-off mechanism and notes that deemed credit objections fail where inputs are not clearly shown to be non-duty-paid or chargeable at nil rate. It also states that a disallowance cannot be sustained on fresh factual grounds raised for the first time in appeal, and that an adjudication order must stand or fall on the reasons recorded in it. en-us Thu, 31 Oct 1991 00:00:00 +0530 Tue, 28 Jun 2011 15:35:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81736 MODVAT credit may be available where the governing notification expressly provides credit of duty on inputs and the rule excludes denial only in limited circumstances; the commentary treats Notification No. 201/79 as more than a mere set-off mechanism and notes that deemed credit objections fail where inputs are not clearly shown to be non-duty-paid or chargeable at nil rate. It also states that a disallowance cannot be sustained on fresh factual grounds raised for the first time in appeal, and that an adjudication order must stand or fall on the reasons recorded in it. Case-Laws Central Excise Thu, 31 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81736