https://www.taxtmi.com/caselaws?id=42887 A statutory excise rebate scheme for specified minor oils allowed manufacturers of vanaspati or soap to earn credit of money and use it against duty on final products. The rescission of the notifications stopped only the future earning of fresh credit; it did not withdraw credit already validly earned and crystallised. Because the accrued benefit had been created under the scheme and the rescission contained no express or implied removal of that vested right, accumulated credit remained usable for subsequent duty payments on the covered products. en-us Mon, 05 Feb 1990 00:00:00 +0530 Mon, 14 Jun 2010 18:20:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42887 A statutory excise rebate scheme for specified minor oils allowed manufacturers of vanaspati or soap to earn credit of money and use it against duty on final products. The rescission of the notifications stopped only the future earning of fresh credit; it did not withdraw credit already validly earned and crystallised. Because the accrued benefit had been created under the scheme and the rescission contained no express or implied removal of that vested right, accumulated credit remained usable for subsequent duty payments on the covered products. Case-Laws Central Excise Mon, 05 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42887