https://www.taxtmi.com/circulars?id=5291 The issue concerns whether Modvat credit on High Speed Diesel, finally determined under the Kar Vivad Samadhan Scheme, is recoverable after a statutory provision validating denial of such credit; the Chief Commissioner held that KVSS immunity is statutory (not a judicial order) and therefore not reopened by the validating provision, and the Board concurred, directing field formations to treat KVSS settled Modvat cases as protected from recovery. en-us Mon, 04 Sep 2000 00:00:00 +0530 Wed, 24 Sep 2008 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5291 The issue concerns whether Modvat credit on High Speed Diesel, finally determined under the Kar Vivad Samadhan Scheme, is recoverable after a statutory provision validating denial of such credit; the Chief Commissioner held that KVSS immunity is statutory (not a judicial order) and therefore not reopened by the validating provision, and the Board concurred, directing field formations to treat KVSS settled Modvat cases as protected from recovery. Circulars Central Excise Mon, 04 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5291