https://www.taxtmi.com/caselaws?id=110169 Modvat credit transferred to a new factory without the requisite legal authorisation was treated as irregular availment rather than a clerical or mistaken credit entry, so recovery was not barred by limitation. The Tribunal noted that the credit had been taken in the old factory before the transfer request, and the inconsistent factual explanation did not support a time-bar defence. On that basis, the demand was sustained under the provision governing irregular credit, and the challenge to disallowance of credit and penalty failed. en-us Wed, 15 Oct 2003 00:00:00 +0530 Sat, 14 Apr 2012 10:29:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110169 Modvat credit transferred to a new factory without the requisite legal authorisation was treated as irregular availment rather than a clerical or mistaken credit entry, so recovery was not barred by limitation. The Tribunal noted that the credit had been taken in the old factory before the transfer request, and the inconsistent factual explanation did not support a time-bar defence. On that basis, the demand was sustained under the provision governing irregular credit, and the challenge to disallowance of credit and penalty failed. Case-Laws Central Excise Wed, 15 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110169