https://www.taxtmi.com/caselaws?id=94979 Reference proceedings concerned whether deemed Modvat credit could continue for an SSI unit availing Notification No. 1/93-C.E. after crossing the exemption-clearance limit and beginning to pay duty at the full rate. The Revenue challenged the appellate view that the assessee remained entitled to the credit, while the Tribunal had treated the issue as covered by its earlier decision in Sri Venkateswara Industries. The Madras High Court directed the Tribunal to draw up a statement of case and refer the question for answer under Section 35G(3) of the Central Excise Act. en-us Mon, 16 Oct 2000 00:00:00 +0530 Tue, 06 Dec 2011 12:16:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94979 Reference proceedings concerned whether deemed Modvat credit could continue for an SSI unit availing Notification No. 1/93-C.E. after crossing the exemption-clearance limit and beginning to pay duty at the full rate. The Revenue challenged the appellate view that the assessee remained entitled to the credit, while the Tribunal had treated the issue as covered by its earlier decision in Sri Venkateswara Industries. The Madras High Court directed the Tribunal to draw up a statement of case and refer the question for answer under Section 35G(3) of the Central Excise Act. Case-Laws Central Excise Mon, 16 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94979