https://www.taxtmi.com/caselaws?id=108093 A recovery provision in later credit rules does not apply retrospectively to credit taken under earlier Modvat/Cenvat regimes unless the statutory text clearly so provides. Rule 6(3) of the Cenvat Credit Rules, 2002 was therefore treated as inapplicable to credit already taken before those rules came into force, while Rule 12 and Rule 9 were read as preserving prior credit and notifications without extending the new recovery machinery backward. On the pre-deposit issue, only a limited deposit was directed for the amount prima facie relatable to the period governed by the 2002 Rules, with substantial interim relief otherwise granted. en-us Sun, 02 Nov 2003 00:00:00 +0530 Wed, 28 Mar 2012 17:06:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108093 A recovery provision in later credit rules does not apply retrospectively to credit taken under earlier Modvat/Cenvat regimes unless the statutory text clearly so provides. Rule 6(3) of the Cenvat Credit Rules, 2002 was therefore treated as inapplicable to credit already taken before those rules came into force, while Rule 12 and Rule 9 were read as preserving prior credit and notifications without extending the new recovery machinery backward. On the pre-deposit issue, only a limited deposit was directed for the amount prima facie relatable to the period governed by the 2002 Rules, with substantial interim relief otherwise granted. Case-Laws Central Excise Sun, 02 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108093