https://www.taxtmi.com/caselaws?id=153918 A unit converting into a 100% EOU may continue in dual capacity as a DTA unit where the governing procedure permits it, and accumulated Modvat credit can be used to pay duty on finished stock in hand at conversion. The text also states that a fresh demand for differential duty, interest, penalty and confiscation is not sustainable where the short payment was voluntarily noticed and made good, the department was informed, and the same clearances had already been adjudicated earlier. On that basis, re-invocation of the extended period and re-characterisation of the valuation dispute were rejected. en-us Fri, 23 Oct 2009 00:00:00 +0530 Thu, 01 Aug 2013 16:03:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153918 A unit converting into a 100% EOU may continue in dual capacity as a DTA unit where the governing procedure permits it, and accumulated Modvat credit can be used to pay duty on finished stock in hand at conversion. The text also states that a fresh demand for differential duty, interest, penalty and confiscation is not sustainable where the short payment was voluntarily noticed and made good, the department was informed, and the same clearances had already been adjudicated earlier. On that basis, re-invocation of the extended period and re-characterisation of the valuation dispute were rejected. Case-Laws Central Excise Fri, 23 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153918