https://www.taxtmi.com/caselaws?id=96366 Subordinate appellate authorities must follow an earlier Tribunal ruling on Modvat credit so long as it remains operative, even if the Revenue it erroneous. The proper course for challenging such a ruling is to seek further legal remedy or file a rectification application before the same Bench, not to disregard the binding ratio in collateral proceedings. On that basis, the lower appellate authority was justified in following the earlier decision, and the Revenue's challenge failed. en-us Fri, 04 May 2001 00:00:00 +0530 Wed, 21 Dec 2011 12:20:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96366 Subordinate appellate authorities must follow an earlier Tribunal ruling on Modvat credit so long as it remains operative, even if the Revenue it erroneous. The proper course for challenging such a ruling is to seek further legal remedy or file a rectification application before the same Bench, not to disregard the binding ratio in collateral proceedings. On that basis, the lower appellate authority was justified in following the earlier decision, and the Revenue's challenge failed. Case-Laws Central Excise Fri, 04 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96366