https://www.taxtmi.com/caselaws?id=336888 Where a tribunal proceeds on a Larger Bench ruling that is later reversed by the Bombay HC, its acceptance of subsequent reversal of CENVAT credit in place of payment under Rule 6(3)(b) cannot be sustained on that basis. The discussion also notes that the amended Rule 6, retrospectively inserted by the Finance Act, 2010, may still be considered for relief if the assessee files an application with supporting documents within the time directed, and the claim is examined in accordance with law on merits. en-us Fri, 16 Dec 2016 00:00:00 +0530 Thu, 08 Nov 2018 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336888 Where a tribunal proceeds on a Larger Bench ruling that is later reversed by the Bombay HC, its acceptance of subsequent reversal of CENVAT credit in place of payment under Rule 6(3)(b) cannot be sustained on that basis. The discussion also notes that the amended Rule 6, retrospectively inserted by the Finance Act, 2010, may still be considered for relief if the assessee files an application with supporting documents within the time directed, and the claim is examined in accordance with law on merits. Case-Laws Service Tax Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336888