https://www.taxtmi.com/caselaws?id=327582 Retrospective changes under section 73 of the Finance Act, 2010 governing reversal of CENVAT credit justified the Tribunal's remand for verification of the assessee's claim and supporting documents. The Tribunal treated the assessee's letter as a request for regularisation, but the record did not clearly establish compliance with the statutory conditions for the claimed reversal. The Bombay High Court held that the Tribunal was entitled to direct the Commissioner to examine whether the assessee qualified for the retrospective benefit, and the plea of functus officio did not prevent that verification. The remand was upheld and no substantial question of law arose. en-us Mon, 07 Mar 2016 00:00:00 +0530 Thu, 29 Dec 2016 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327582 Retrospective changes under section 73 of the Finance Act, 2010 governing reversal of CENVAT credit justified the Tribunal's remand for verification of the assessee's claim and supporting documents. The Tribunal treated the assessee's letter as a request for regularisation, but the record did not clearly establish compliance with the statutory conditions for the claimed reversal. The Bombay High Court held that the Tribunal was entitled to direct the Commissioner to examine whether the assessee qualified for the retrospective benefit, and the plea of functus officio did not prevent that verification. The remand was upheld and no substantial question of law arose. Case-Laws Central Excise Mon, 07 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327582