https://www.taxtmi.com/caselaws?id=110107 Non-notified goods cleared while the assessee was under the compounded levy scheme remained chargeable at the normal tariff rate, because the goods were outside Section 3A coverage and the demand related to actual clearances. The Modvat credit claim on inputs required fresh examination, with the assessee to be given an opportunity to produce proof of duty-paid inputs and the claim to be reconsidered in light of the applicable Larger Bench ruling and notification. Penalty under the Central Excise Rules was upheld in principle for the disputed clearances, but the quantum was reduced as excessive in the facts. en-us Mon, 24 Nov 2003 00:00:00 +0530 Fri, 13 Apr 2012 17:19:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110107 Non-notified goods cleared while the assessee was under the compounded levy scheme remained chargeable at the normal tariff rate, because the goods were outside Section 3A coverage and the demand related to actual clearances. The Modvat credit claim on inputs required fresh examination, with the assessee to be given an opportunity to produce proof of duty-paid inputs and the claim to be reconsidered in light of the applicable Larger Bench ruling and notification. Penalty under the Central Excise Rules was upheld in principle for the disputed clearances, but the quantum was reduced as excessive in the facts. Case-Laws Central Excise Mon, 24 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110107