https://www.taxtmi.com/caselaws?id=86918 Accumulated credit under Rule 56A did not lapse merely because an amending notification withdrew further accumulation; credit already standing in the register remained utilisable, so the demand based on disallowance of that credit failed. The alleged duty demand on 8.5 kilos of yarn shortage after re-processing was unsustainable because the quantity was treated as re-processing waste accounted for in the books and, in any event, covered by the relevant exemption. Allegations of clandestine production and removal of texturised yarn were not proved, as internal memoranda lacked definite dates and corroboration. The demand was also held barred by limitation in the facts found. en-us Tue, 29 Jul 1997 00:00:00 +0530 Mon, 29 Aug 2011 13:44:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86918 Accumulated credit under Rule 56A did not lapse merely because an amending notification withdrew further accumulation; credit already standing in the register remained utilisable, so the demand based on disallowance of that credit failed. The alleged duty demand on 8.5 kilos of yarn shortage after re-processing was unsustainable because the quantity was treated as re-processing waste accounted for in the books and, in any event, covered by the relevant exemption. Allegations of clandestine production and removal of texturised yarn were not proved, as internal memoranda lacked definite dates and corroboration. The demand was also held barred by limitation in the facts found. Case-Laws Central Excise Tue, 29 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86918