https://www.taxtmi.com/caselaws?id=117760 Reversal of Modvat credit under Rule 57CC is not treated as payment of duty through Modvat credit, so the refund mechanism under Section 11B does not apply. Where the credit was otherwise admissible and was reversed in error, the assessee may restore the credit by taking re-credit on its own, without filing a refund claim. The Tribunal distinguished the Revenue's cited authorities as inapplicable on the facts and accepted that the earlier wrongful reversal could be corrected through re-credit. en-us Fri, 10 Mar 2006 00:00:00 +0530 Tue, 26 Jun 2012 13:28:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117760 Reversal of Modvat credit under Rule 57CC is not treated as payment of duty through Modvat credit, so the refund mechanism under Section 11B does not apply. Where the credit was otherwise admissible and was reversed in error, the assessee may restore the credit by taking re-credit on its own, without filing a refund claim. The Tribunal distinguished the Revenue's cited authorities as inapplicable on the facts and accepted that the earlier wrongful reversal could be corrected through re-credit. Case-Laws Central Excise Fri, 10 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117760