https://www.taxtmi.com/caselaws?id=123721 Retrospective amendment under the Central Excise framework was treated as validating rules that mandate lapsing and non-utilisation of unutilised Modvat credit under the compounded levy scheme, so the appellants could not claim a prima facie right to use that credit after the special levy regime ended. Prior decisions relied on to support utilisation were considered unavailable in light of the amended statutory position. On that basis, no complete waiver of pre-deposit was granted, and only a partial pre-deposit was directed. en-us Sun, 18 Jun 2006 00:00:00 +0530 Wed, 19 Sep 2012 16:42:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123721 Retrospective amendment under the Central Excise framework was treated as validating rules that mandate lapsing and non-utilisation of unutilised Modvat credit under the compounded levy scheme, so the appellants could not claim a prima facie right to use that credit after the special levy regime ended. Prior decisions relied on to support utilisation were considered unavailable in light of the amended statutory position. On that basis, no complete waiver of pre-deposit was granted, and only a partial pre-deposit was directed. Case-Laws Central Excise Sun, 18 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123721