https://www.taxtmi.com/caselaws?id=190155 Where an exemption under Notification No. 203/92-Cus. was conditioned on non-availment of Modvat credit, reversal of credit with interest within the Amnesty Scheme cut-off date satisfied the condition only for the portion so regularised. Any balance reversed later did not qualify for the same benefit. The duty demand also showed apparent discrepancies in computation, so the figures had to be re-verified and the demand, if any, re-quantified on the record. The matter was therefore only partly accepted on exemption, with fresh quantification directed for the remaining dispute. en-us Tue, 27 Oct 2015 00:00:00 +0530 Wed, 08 Feb 2017 09:40:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190155 Where an exemption under Notification No. 203/92-Cus. was conditioned on non-availment of Modvat credit, reversal of credit with interest within the Amnesty Scheme cut-off date satisfied the condition only for the portion so regularised. Any balance reversed later did not qualify for the same benefit. The duty demand also showed apparent discrepancies in computation, so the figures had to be re-verified and the demand, if any, re-quantified on the record. The matter was therefore only partly accepted on exemption, with fresh quantification directed for the remaining dispute. Case-Laws Customs Tue, 27 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190155