https://www.taxtmi.com/caselaws?id=255382 Accumulated money credit in RG 23B was treated as a vested, accrued entitlement earned under the operative notification scheme. Section 38A of the Central Excise Act, 1944 was applied to preserve rights already acquired or accrued despite amendment, repeal or rescission of the notification, unless a contrary intention appears. On that basis, the later rescission of the scheme did not defeat utilisation of the credit for payment of duty, and the restriction and recovery action were unsustainable. en-us Wed, 11 Jun 2014 00:00:00 +0530 Thu, 15 Jan 2015 13:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255382 Accumulated money credit in RG 23B was treated as a vested, accrued entitlement earned under the operative notification scheme. Section 38A of the Central Excise Act, 1944 was applied to preserve rights already acquired or accrued despite amendment, repeal or rescission of the notification, unless a contrary intention appears. On that basis, the later rescission of the scheme did not defeat utilisation of the credit for payment of duty, and the restriction and recovery action were unsustainable. Case-Laws Central Excise Wed, 11 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255382