https://www.taxtmi.com/caselaws?id=98740 Refund of reversed Modvat credit was considered in light of whether the assessee's entitlement had been properly examined and whether the special reversal scheme announced in January 1997 applied. The lower authorities had rejected the claim on the basis of alleged double benefit and lack of entitlement, but the record showed that material submissions on non-availability of countervailing duty, non-utilisation of the claimed credit, cancellation of DEEC particulars, conversion of the licence, and the special scheme were not examined. The matter was therefore remanded for fresh adjudication and a speaking order after hearing the assessee. en-us Tue, 08 Jun 1999 00:00:00 +0530 Sat, 21 Jan 2012 18:08:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98740 Refund of reversed Modvat credit was considered in light of whether the assessee's entitlement had been properly examined and whether the special reversal scheme announced in January 1997 applied. The lower authorities had rejected the claim on the basis of alleged double benefit and lack of entitlement, but the record showed that material submissions on non-availability of countervailing duty, non-utilisation of the claimed credit, cancellation of DEEC particulars, conversion of the licence, and the special scheme were not examined. The matter was therefore remanded for fresh adjudication and a speaking order after hearing the assessee. Case-Laws Central Excise Tue, 08 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98740