https://www.taxtmi.com/caselaws?id=251043 On clearance of used capital goods after prolonged use, the dispute concerned whether the credit originally taken had to be reversed and how any duty liability should be quantified. The Tribunal noted that the issue had to be examined in light of the applicable Larger Bench ruling on such clearances, and that the assessee's plea for adjustment of unutilized credit had not been considered by the adjudicating authority. The impugned orders were therefore set aside and the matter remitted for fresh adjudication after applying the Larger Bench decision and considering the adjustment plea. en-us Fri, 28 Mar 2014 00:00:00 +0530 Thu, 07 Aug 2014 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251043 On clearance of used capital goods after prolonged use, the dispute concerned whether the credit originally taken had to be reversed and how any duty liability should be quantified. The Tribunal noted that the issue had to be examined in light of the applicable Larger Bench ruling on such clearances, and that the assessee's plea for adjustment of unutilized credit had not been considered by the adjudicating authority. The impugned orders were therefore set aside and the matter remitted for fresh adjudication after applying the Larger Bench decision and considering the adjustment plea. Case-Laws Central Excise Fri, 28 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251043