https://www.taxtmi.com/caselaws?id=339127 The Tribunal found that the appellants did not claim depreciation on the Modvat credit amount, leading to the collapse of the allegation of double benefits. The initial denial of credit was based on the mistaken belief that both Modvat credit and depreciation were claimed. The Tribunal set aside the order and remanded the matter for verification of the non-claim of depreciation. The original adjudicating authority was directed to promptly verify this issue and provide the appellants with a fair hearing. The appeal was allowed, and the matter was remanded for further verification and disposal within three months. en-us Tue, 24 Jan 2017 00:00:00 +0530 Mon, 20 Feb 2017 00:41:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339127 The Tribunal found that the appellants did not claim depreciation on the Modvat credit amount, leading to the collapse of the allegation of double benefits. The initial denial of credit was based on the mistaken belief that both Modvat credit and depreciation were claimed. The Tribunal set aside the order and remanded the matter for verification of the non-claim of depreciation. The original adjudicating authority was directed to promptly verify this issue and provide the appellants with a fair hearing. The appeal was allowed, and the matter was remanded for further verification and disposal within three months. Case-Laws Central Excise Tue, 24 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339127