https://www.taxtmi.com/caselaws?id=192008 The appeal was allowed by the Tribunal, remanding the case to the adjudicating authority for verification of the claim that the entire credit had been reversed and to determine the liability for interest based on the credit balance in the account. Fresh orders were to be passed after providing the assessees with a reasonable opportunity to present their case, following precedents that the demand for 10% of the net sale price of exempted goods is not sustainable if the entire credit has been reversed. en-us Wed, 01 Jul 2009 00:00:00 +0530 Tue, 09 May 2017 10:32:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192008 The appeal was allowed by the Tribunal, remanding the case to the adjudicating authority for verification of the claim that the entire credit had been reversed and to determine the liability for interest based on the credit balance in the account. Fresh orders were to be passed after providing the assessees with a reasonable opportunity to present their case, following precedents that the demand for 10% of the net sale price of exempted goods is not sustainable if the entire credit has been reversed. Case-Laws Central Excise Wed, 01 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192008