https://www.taxtmi.com/caselaws?id=115787 Modvat credit could not be denied on inputs sent to job workers where no credit had been taken on those inputs, and reversal was not required for such removals. The tribunal also noted that certain challans and waste removals had not been properly considered, raising a natural justice defect. In any event, the alleged duty liability could be adjusted against the assessee's undisputed credit balance, so it was not sustainable as a separate recoverable demand. Penalties on the assessee and its director were unsustainable because fraud, suppression, wilful misstatement, or any specific culpable role by the director had not been established. en-us Thu, 18 Nov 2004 00:00:00 +0530 Mon, 04 Jun 2012 10:17:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115787 Modvat credit could not be denied on inputs sent to job workers where no credit had been taken on those inputs, and reversal was not required for such removals. The tribunal also noted that certain challans and waste removals had not been properly considered, raising a natural justice defect. In any event, the alleged duty liability could be adjusted against the assessee's undisputed credit balance, so it was not sustainable as a separate recoverable demand. Penalties on the assessee and its director were unsustainable because fraud, suppression, wilful misstatement, or any specific culpable role by the director had not been established. Case-Laws Central Excise Thu, 18 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115787