https://www.taxtmi.com/caselaws?id=100807 Under Rule 57F(1)(ii) of the Central Excise Rules, 1944, return of defective goods on which Modvat credit had been taken does not limit liability to reversal of the credit originally availed. The expression "appropriate duty of excise" was construed to mean the duty payable when the goods are cleared from the place where duty liability arises, as if they had been manufactured by the assessee. Reversal of credit alone does not discharge that liability; duty must be paid at the rate applicable on the date of removal. en-us Wed, 31 Oct 2001 00:00:00 +0530 Tue, 07 Feb 2012 11:50:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100807 Under Rule 57F(1)(ii) of the Central Excise Rules, 1944, return of defective goods on which Modvat credit had been taken does not limit liability to reversal of the credit originally availed. The expression "appropriate duty of excise" was construed to mean the duty payable when the goods are cleared from the place where duty liability arises, as if they had been manufactured by the assessee. Reversal of credit alone does not discharge that liability; duty must be paid at the rate applicable on the date of removal. Case-Laws Central Excise Wed, 31 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100807