https://www.taxtmi.com/caselaws?id=88970 Modvat credit could not be denied merely because the Bill of Entry was not in the importer's name where the transaction involved a high-seas sale and the underlying Modvat requirements still had to be examined. A non-speaking letter based only on minutes of a RAC meeting was insufficient to sustain the denial, because an adverse order affecting credit must contain independent reasons, be passed by a quasi-judicial authority, and comply with natural justice. The denial was therefore held unsustainable, and the matter was remanded for fresh decision after a proper hearing and a speaking order. en-us Fri, 21 Nov 1997 00:00:00 +0530 Thu, 22 Sep 2011 15:57:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88970 Modvat credit could not be denied merely because the Bill of Entry was not in the importer's name where the transaction involved a high-seas sale and the underlying Modvat requirements still had to be examined. A non-speaking letter based only on minutes of a RAC meeting was insufficient to sustain the denial, because an adverse order affecting credit must contain independent reasons, be passed by a quasi-judicial authority, and comply with natural justice. The denial was therefore held unsustainable, and the matter was remanded for fresh decision after a proper hearing and a speaking order. Case-Laws Central Excise Fri, 21 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88970