https://www.taxtmi.com/caselaws?id=176172 The Tribunal allowed the appeal in favor of the appellant, relying on the precedent set by the Bombay High Court. The appellant was not required to reverse the MODVAT credit availed on a diesel generating set when disposed of by sale, as the High Court upheld the Tribunal's decision regarding duty payment on old capital goods with CENVAT credit. The Tribunal found the issue had been settled in favor of the appellant by the High Court's judgment, distinguishing it from a separate case referred to a Larger Bench. en-us Tue, 10 May 2011 00:00:00 +0530 Mon, 03 Apr 2017 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176172 The Tribunal allowed the appeal in favor of the appellant, relying on the precedent set by the Bombay High Court. The appellant was not required to reverse the MODVAT credit availed on a diesel generating set when disposed of by sale, as the High Court upheld the Tribunal's decision regarding duty payment on old capital goods with CENVAT credit. The Tribunal found the issue had been settled in favor of the appellant by the High Court's judgment, distinguishing it from a separate case referred to a Larger Bench. Case-Laws Central Excise Tue, 10 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176172