https://www.taxtmi.com/caselaws?id=106071 Deemed Modvat credit was denied where inputs were cleared under a conditional exemption notification and fell within the relevant serial of the notification. The notification operated subject to a certified condition, and the Larger Bench principle placed on the Revenue the burden to show that the notified conditions were satisfied. That burden was treated as discharged on the facts, so the inputs were treated as not eligible for deemed credit. The finding of suppression was also sustained, and the extended period of limitation was upheld. en-us Wed, 07 Nov 2001 00:00:00 +0530 Mon, 12 Mar 2012 15:36:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106071 Deemed Modvat credit was denied where inputs were cleared under a conditional exemption notification and fell within the relevant serial of the notification. The notification operated subject to a certified condition, and the Larger Bench principle placed on the Revenue the burden to show that the notified conditions were satisfied. That burden was treated as discharged on the facts, so the inputs were treated as not eligible for deemed credit. The finding of suppression was also sustained, and the extended period of limitation was upheld. Case-Laws Central Excise Wed, 07 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106071