https://www.taxtmi.com/caselaws?id=86763 Modvat credit under Rule 57A depends on the duty actually paid on inputs, and it can be varied under Rule 57E only where there is a corresponding change in that duty. Debit notes reducing the assessable value of the inputs did not alter the duty paid by the input manufacturer, and no refund had been sanctioned to that manufacturer. On those facts, the credit already taken could not be reduced, and the assessee was entitled to retain it. en-us Thu, 03 Apr 1997 00:00:00 +0530 Sat, 27 Aug 2011 13:18:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86763 Modvat credit under Rule 57A depends on the duty actually paid on inputs, and it can be varied under Rule 57E only where there is a corresponding change in that duty. Debit notes reducing the assessable value of the inputs did not alter the duty paid by the input manufacturer, and no refund had been sanctioned to that manufacturer. On those facts, the credit already taken could not be reduced, and the assessee was entitled to retain it. Case-Laws Central Excise Thu, 03 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86763