https://www.taxtmi.com/caselaws?id=110023 Modvat credit on excess ABS was disallowed because the record showed receipt of only 3 tons, not the higher quantity claimed in the invoice. Exemption for bottles under Notification No. 15/94-C.E. was unavailable where input credit had been taken and reversed only after detection, since the condition of non-availment had to be met before clearance. Issues on Notification No. 67/95-C.E. and SSI exemption under Notification No. 1/93-C.E. were remanded for fresh examination on whether bottle cost formed part of the mineral water value. Valuation of water dispensers sold to franchisees was also remanded, and penalty under Section 11AC was deleted for the pre-28-9-1996 period. en-us Wed, 01 Oct 2003 00:00:00 +0530 Fri, 13 Apr 2012 13:52:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110023 Modvat credit on excess ABS was disallowed because the record showed receipt of only 3 tons, not the higher quantity claimed in the invoice. Exemption for bottles under Notification No. 15/94-C.E. was unavailable where input credit had been taken and reversed only after detection, since the condition of non-availment had to be met before clearance. Issues on Notification No. 67/95-C.E. and SSI exemption under Notification No. 1/93-C.E. were remanded for fresh examination on whether bottle cost formed part of the mineral water value. Valuation of water dispensers sold to franchisees was also remanded, and penalty under Section 11AC was deleted for the pre-28-9-1996 period. Case-Laws Central Excise Wed, 01 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110023