https://www.taxtmi.com/caselaws?id=185808 The Appellate Tribunal CESTAT NEW DELHI allowed the stay application in a case concerning the denial of Modvat credit for goods produced in 2004-2005 due to a dispute over branded goods clearance in 2003-04. The Tribunal held that since the assessments for 2003-04 were finalized and not subject to reopening, it was impermissible for the revenue to argue that the goods previously assessed as branded had become unbranded. Consequently, the Tribunal found the demand unsustainable and stayed recovery pending the appeal's disposal. en-us Fri, 09 Feb 2007 00:00:00 +0530 Mon, 29 Aug 2016 13:28:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185808 The Appellate Tribunal CESTAT NEW DELHI allowed the stay application in a case concerning the denial of Modvat credit for goods produced in 2004-2005 due to a dispute over branded goods clearance in 2003-04. The Tribunal held that since the assessments for 2003-04 were finalized and not subject to reopening, it was impermissible for the revenue to argue that the goods previously assessed as branded had become unbranded. Consequently, the Tribunal found the demand unsustainable and stayed recovery pending the appeal's disposal. Case-Laws Central Excise Fri, 09 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185808