https://www.taxtmi.com/caselaws?id=117665 A substituted customs/excise notification correcting an omission in the original table was treated as operative from the date of the original notification, so transitional deemed credit on inputs in stock had to be recalculated on that retrospective basis. The text also notes that where the dispute concerned only the interpretation and scope of the deemed credit notification, without any independent finding of suppression or contumacious conduct, penalty was not justified and was set aside. en-us Wed, 15 Feb 2006 00:00:00 +0530 Mon, 25 Jun 2012 16:53:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117665 A substituted customs/excise notification correcting an omission in the original table was treated as operative from the date of the original notification, so transitional deemed credit on inputs in stock had to be recalculated on that retrospective basis. The text also notes that where the dispute concerned only the interpretation and scope of the deemed credit notification, without any independent finding of suppression or contumacious conduct, penalty was not justified and was set aside. Case-Laws Central Excise Wed, 15 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117665