https://www.taxtmi.com/caselaws?id=47174 The SC ruled against the revenue, holding that although the appellant had availed Modvat/Cenvat credit and was alleged to owe Rs. 6,10,580, the excise duty paid subsequently matched the credit availed. Because payment of excise duty after claiming the Modvat credit rendered the transaction revenue neutral, the revenue's claim failed. en-us Thu, 02 Dec 2004 00:00:00 +0530 Tue, 23 Sep 2025 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47174 The SC ruled against the revenue, holding that although the appellant had availed Modvat/Cenvat credit and was alleged to owe Rs. 6,10,580, the excise duty paid subsequently matched the credit availed. Because payment of excise duty after claiming the Modvat credit rendered the transaction revenue neutral, the revenue's claim failed. Case-Laws Central Excise Thu, 02 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47174