https://www.taxtmi.com/caselaws?id=95903 Where the rule scheme specifically confined re-credit on return of processed inputs to the account maintained under Rule 57G, the assessee could not take that credit in the Personal Ledger Account merely because the original debit may have been made through another permitted account. The substantive credit claim was therefore contrary to law. On penalty, the record did not disclose a sufficient basis for penal action in the circumstances, so the penalty was unsustainable and was set aside. en-us Wed, 24 Jan 2001 00:00:00 +0530 Thu, 15 Dec 2011 17:21:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95903 Where the rule scheme specifically confined re-credit on return of processed inputs to the account maintained under Rule 57G, the assessee could not take that credit in the Personal Ledger Account merely because the original debit may have been made through another permitted account. The substantive credit claim was therefore contrary to law. On penalty, the record did not disclose a sufficient basis for penal action in the circumstances, so the penalty was unsustainable and was set aside. Case-Laws Central Excise Wed, 24 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95903