https://www.taxtmi.com/caselaws?id=364048 Retrospective recovery of CENVAT credit under an exemption notification must remain within the statutory cut-off date and be confined to credit actually liable to be recovered on proper factual computation. Where the demand period extends beyond the permissible terminal date, and the record does not adequately examine actual utilisation of credit and any refund already sanctioned, the recovery basis is defective. The demand for credit and interest is therefore unsustainable if the statutory limit and the appellant's computation are not properly addressed. en-us Mon, 12 Mar 2018 00:00:00 +0530 Mon, 23 Jul 2018 08:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364048 Retrospective recovery of CENVAT credit under an exemption notification must remain within the statutory cut-off date and be confined to credit actually liable to be recovered on proper factual computation. Where the demand period extends beyond the permissible terminal date, and the record does not adequately examine actual utilisation of credit and any refund already sanctioned, the recovery basis is defective. The demand for credit and interest is therefore unsustainable if the statutory limit and the appellant's computation are not properly addressed. Case-Laws Central Excise Mon, 12 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364048