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    <description>The Tribunal upheld the disallowance of Modvat credit on suo moto credit but set aside the penalty, emphasizing the need for proper procedures and redressal avenues before reversing credits or claiming recredit without permission.</description>
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      <link>https://www.taxtmi.com/caselaws?id=3510</link>
      <description>The Tribunal upheld the disallowance of Modvat credit on suo moto credit but set aside the penalty, emphasizing the need for proper procedures and redressal avenues before reversing credits or claiming recredit without permission.</description>
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      <pubDate>Tue, 07 Feb 2006 00:00:00 +0530</pubDate>
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