https://www.taxtmi.com/news?id=334 Reversal of Cenvat/Modvat credit executed solely on the basis of a superintendent's letter, without a show cause notice and adjudication, lacks the procedural foundation required for compelled reversal; informal departmental communications do not substitute for the statutory requirement of show cause and adjudication, and an assessee who reversed credit on such a letter cannot validly reavail credit by suo motu recrediting absent the formal process. en-us Thu, 27 Mar 2008 00:00:00 +0530 Tue, 24 Jun 2008 13:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=334 Reversal of Cenvat/Modvat credit executed solely on the basis of a superintendent's letter, without a show cause notice and adjudication, lacks the procedural foundation required for compelled reversal; informal departmental communications do not substitute for the statutory requirement of show cause and adjudication, and an assessee who reversed credit on such a letter cannot validly reavail credit by suo motu recrediting absent the formal process. News - Thu, 27 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/news?id=334