https://www.taxtmi.com/caselaws?id=100357 Differential duty demanded for a period when the assessee was operating under the Modvat scheme could be adjusted against the available credit in the RG 23 Part-II account, because the finished goods duty for that period had already been discharged through Modvat credit. The outstanding credit balance was sufficient for the demand, so there was no basis to require cash payment. The assessee was entitled to utilise the credit balance for the differential duty, and the demand did not have to be paid in cash. en-us Wed, 25 Jul 2001 00:00:00 +0530 Wed, 01 Feb 2012 11:19:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100357 Differential duty demanded for a period when the assessee was operating under the Modvat scheme could be adjusted against the available credit in the RG 23 Part-II account, because the finished goods duty for that period had already been discharged through Modvat credit. The outstanding credit balance was sufficient for the demand, so there was no basis to require cash payment. The assessee was entitled to utilise the credit balance for the differential duty, and the demand did not have to be paid in cash. Case-Laws Central Excise Wed, 25 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100357