https://www.taxtmi.com/caselaws?id=209867 The appellant, engaged in fabric processing, availed CENVAT Credit on grey fabrics and deemed MODVAT Credit upon clearance of processed fabrics. However, as they had already availed actual duty credit on grey fabrics, they were deemed ineligible for deemed credit as per the notification. The appellant challenged a demand and penalty imposed for this, arguing that the Show Cause Notice issued by the Superintendent was invalid. The Tribunal upheld the Revenue's position that Circulars are not legally binding, and the Superintendent had the authority to issue the notice, ultimately rejecting the appeal. en-us Fri, 06 May 2011 00:00:00 +0530 Tue, 09 Jul 2013 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209867 The appellant, engaged in fabric processing, availed CENVAT Credit on grey fabrics and deemed MODVAT Credit upon clearance of processed fabrics. However, as they had already availed actual duty credit on grey fabrics, they were deemed ineligible for deemed credit as per the notification. The appellant challenged a demand and penalty imposed for this, arguing that the Show Cause Notice issued by the Superintendent was invalid. The Tribunal upheld the Revenue's position that Circulars are not legally binding, and the Superintendent had the authority to issue the notice, ultimately rejecting the appeal. Case-Laws Central Excise Fri, 06 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209867