https://www.taxtmi.com/caselaws?id=125999 The appeal was allowed by way of remand for a fresh adjudication of the refund claim, emphasizing the need to consider the actual basis reversal of Modvat credit and provide a fair opportunity for the claimant to present their case. The Tribunal set aside the lower authorities' orders and directed a reevaluation of the refund claim, instructing verification of the actual basis reversal of Modvat credit. The pendency of the Writ Petition before the High Court was deemed not to hinder the refund claim adjudication process. en-us Fri, 06 Feb 2009 00:00:00 +0530 Thu, 01 Nov 2012 12:19:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125999 The appeal was allowed by way of remand for a fresh adjudication of the refund claim, emphasizing the need to consider the actual basis reversal of Modvat credit and provide a fair opportunity for the claimant to present their case. The Tribunal set aside the lower authorities' orders and directed a reevaluation of the refund claim, instructing verification of the actual basis reversal of Modvat credit. The pendency of the Writ Petition before the High Court was deemed not to hinder the refund claim adjudication process. Case-Laws Central Excise Fri, 06 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125999