https://www.taxtmi.com/caselaws?id=123231 Rule 9(2) of the Cenvat Credit Rules, 2002 was construed as permitting only deduction of the determined credit from the existing credit balance and lapse of any excess credit. Where the manufacturer's available credit was less than the amount determined, the rule contained no express mechanism to recover a further sum. In the absence of specific statutory authority for additional recovery, the demand was held unsustainable. en-us Fri, 18 Jan 2008 00:00:00 +0530 Mon, 10 Sep 2012 15:21:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123231 Rule 9(2) of the Cenvat Credit Rules, 2002 was construed as permitting only deduction of the determined credit from the existing credit balance and lapse of any excess credit. Where the manufacturer's available credit was less than the amount determined, the rule contained no express mechanism to recover a further sum. In the absence of specific statutory authority for additional recovery, the demand was held unsustainable. Case-Laws Central Excise Fri, 18 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123231