https://www.taxtmi.com/caselaws?id=108010 Modvat credit reversed to comply with a customs exemption condition under Notification No. 203/92-Cus. could not be refunded under excise law, because refund would create an impermissible double benefit after the appellants had already taken duty exemption on export inputs. The reversal itself satisfied the notification condition, so the refund claim was not admissible. Once the credit was reversed, no further customs demand was warranted for alleged breach of clause v(a) on the facts recorded, as the demand had either been dropped or never raised. en-us Thu, 25 Sep 2003 00:00:00 +0530 Wed, 28 Mar 2012 13:07:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108010 Modvat credit reversed to comply with a customs exemption condition under Notification No. 203/92-Cus. could not be refunded under excise law, because refund would create an impermissible double benefit after the appellants had already taken duty exemption on export inputs. The reversal itself satisfied the notification condition, so the refund claim was not admissible. Once the credit was reversed, no further customs demand was warranted for alleged breach of clause v(a) on the facts recorded, as the demand had either been dropped or never raised. Case-Laws Customs Thu, 25 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108010