https://www.taxtmi.com/caselaws?id=120610 Rule 57AH of the substituted Cenvat framework could not be used to recover Modvat credit availed before 1 April 2000, because Cenvat credit applied only prospectively to inputs or capital goods received on or after that date. The demand notice issued under the proviso to Section 11A of the Central Excise Act was therefore unsustainable on these facts. Section 38A, as a saving provision, did not extend to recovery of credit validly taken under the earlier Modvat regime where the later rule operated prospectively. en-us Fri, 05 Jan 2007 00:00:00 +0530 Mon, 23 Jul 2012 10:14:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120610 Rule 57AH of the substituted Cenvat framework could not be used to recover Modvat credit availed before 1 April 2000, because Cenvat credit applied only prospectively to inputs or capital goods received on or after that date. The demand notice issued under the proviso to Section 11A of the Central Excise Act was therefore unsustainable on these facts. Section 38A, as a saving provision, did not extend to recovery of credit validly taken under the earlier Modvat regime where the later rule operated prospectively. Case-Laws Central Excise Fri, 05 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120610