https://www.taxtmi.com/caselaws?id=96129 Availment of Modvat credit on raw material used to manufacture export goods was treated as a breach of Notification No. 203/92-Cus., because the notification's reference to input-stage credit covered credit under both Rule 56A and Rule 57A, including central excise duty and additional customs duty credit. Later reversal of the credit did not displace the demand, as the reversal was found to have been made after the Amnesty Scheme deadline and the departmental permission to reverse was regarded as irrelevant. The duty computation was nevertheless remanded for fresh examination on the actual quantity of raw material imported and used, after the appellant produced supporting evidence. en-us Wed, 18 Apr 2001 00:00:00 +0530 Sat, 17 Dec 2011 15:05:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96129 Availment of Modvat credit on raw material used to manufacture export goods was treated as a breach of Notification No. 203/92-Cus., because the notification's reference to input-stage credit covered credit under both Rule 56A and Rule 57A, including central excise duty and additional customs duty credit. Later reversal of the credit did not displace the demand, as the reversal was found to have been made after the Amnesty Scheme deadline and the departmental permission to reverse was regarded as irrelevant. The duty computation was nevertheless remanded for fresh examination on the actual quantity of raw material imported and used, after the appellant produced supporting evidence. Case-Laws Customs Wed, 18 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96129