https://www.taxtmi.com/caselaws?id=439981 A retrospective validating amendment under Section 153 of the Finance Act, 2003 could authorise recovery of CENVAT credit only within the specific period it validated. The demand in these matters sought to recover unutilized credit lying as on 28.02.2003, which was beyond the cut-off date covered by the governing Tribunal decision applied on identical facts. As the demand travelled beyond the permissible scope of the retrospective validation, it was treated as unsustainable. The recovery and interest orders were therefore annulled and the appeals succeeded. en-us Wed, 28 Jun 2023 00:00:00 +0530 Thu, 06 Jul 2023 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439981 A retrospective validating amendment under Section 153 of the Finance Act, 2003 could authorise recovery of CENVAT credit only within the specific period it validated. The demand in these matters sought to recover unutilized credit lying as on 28.02.2003, which was beyond the cut-off date covered by the governing Tribunal decision applied on identical facts. As the demand travelled beyond the permissible scope of the retrospective validation, it was treated as unsustainable. The recovery and interest orders were therefore annulled and the appeals succeeded. Case-Laws Central Excise Wed, 28 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439981