https://www.taxtmi.com/caselaws?id=98383 A debit made in the Modvat credit account under Rule 57CC retains the character of duty payment and may be adjusted against the assessee's final central excise duty liability. Where goods were initially cleared without duty, the later discovery of a higher ad valorem duty liability allowed the earlier debit in RG-23A Part II to be set off against the total duty due. The amount was therefore treated as part payment of duty, and no further sum was payable against the asserted balance demand. en-us Thu, 09 Nov 2000 00:00:00 +0530 Fri, 20 Jan 2012 13:20:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98383 A debit made in the Modvat credit account under Rule 57CC retains the character of duty payment and may be adjusted against the assessee's final central excise duty liability. Where goods were initially cleared without duty, the later discovery of a higher ad valorem duty liability allowed the earlier debit in RG-23A Part II to be set off against the total duty due. The amount was therefore treated as part payment of duty, and no further sum was payable against the asserted balance demand. Case-Laws Central Excise Thu, 09 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98383